One or more persons, trusts, or organizations a member or participant names to receive plan benefits, if any, upon the death of the member or participant. also may owe state inheritance and federal estate taxes.
PERS recommends you obtain tax information from the Internal Revenue Service and the Oregon Department of Revenue or a qualified tax advisor before choosing a benefits payment option if one is available.
Required minimum distribution rules and restrictions
may apply to death benefits. Your surviving beneficiary One or more persons, trusts, or organizations a member or participant names to receive plan benefits, if any, upon the death of the member or participant. also may owe state inheritance and federal estate taxes.