Beneficiary Forms


You can decide who receives your death benefits by naming a beneficiary. You can add or change a beneficiary at any time by completing a Designation of Beneficiary form.

You have the ability to name beneficiaries for two (2) different types of death benefits:

  1. A Lump Sum Death Benefit Beneficiary that receives any Lump Sum Death Benefit in an amount as may be designated by the Board of Trustees to members who qualify; and

  2. A Residue Beneficiary that receives accumulated member contributions, if any, that remain credited to your retirement account upon your death.

There is a separate beneficiary form for each death benefit and your beneficiaries do not have to be the same for each death benefit. For example, you can name your spouse to receive your residue, if any, and your trust or estate to receive your lump sum death benefit. Every time you complete a beneficiary form, it cancels and replaces all prior forms you have completed for that type of death benefit.

How Do I Name or Change a Beneficiary?

In order to name a beneficiary, you should complete the ATRS forms, Disposition of Residue - Beneficiary Designation Form and Lump Sum Death Benefit - Beneficiary Designation Form, which can be accessed by clicking on the form name or by scrolling to the bottom of the page and clicking the form name. To fully complete the form, you must list an acceptable beneficiary under the primary beneficiary section, and sign and date the form. Also, a Notary Public must notarize your signature at the bottom of the form. Your completed beneficiary forms must be received by ATRS in order to become effective.

You must complete all requested information for a beneficiary form to be accepted and processed.
All beneficiary forms not notarized or otherwise incomplete shall be returned to you unprocessed.

Who Can You Name as Beneficiary?

You can choose:

· A living person
· A trust
· Your estate
· A charitable organization
· A corporation
· A partnership

If you choose more than one beneficiary, each will share in your benefits equally. You can also name a contingent beneficiary to receive your benefits if your primary beneficiary is not living upon payment of the death benefits.

Only members can complete beneficiary forms. If a member has a conservator, agent with Powers of Attorney, or Guardian they must submit all relevant legal documents to ATRS for legal review before any changes can be made to a member's record.

Naming a Trust or Estate

If you name a trust, please provide the name of the trust (e.g. John Doe Living Trust) and the name of the trustee(s) if known. If you designate your estate, simply write “my estate” or “Estate of Jane Member.”

You can name another primary beneficiary in addition to your estate or a trust and each will share your benefit equally.

Naming A Minor Person as Your Beneficiary

If you name a minor as a primary beneficiary and the money is paid to the minor before he or she reaches age eighteen (18) the benefits will be paid out in accordance with current law.  Please contact an ATRS counselor for further information regarding this process. 

Reviewing your Beneficiary Designations

It is important to keep your beneficiary forms up to date. Review your designations periodically or whenever you have a significant life event such as a marriage, divorce, birth or adoption of a child, address change for a designated beneficiary, or a death in the family. Please note that a divorce decree does not cancel your former spouse as your beneficiary if he/she was previously named by you.

If you do not name a beneficiary or all of your beneficiaries listed are not living at your death, then your estate will receive the benefits as a default under the ATRS plan statutes.

Click here to download!

Please click on the form that you wish to view.

Form Size
Disposition of Residue - Beneficiary Designation Form - use this form to designate or change the beneficiary of your contributions. 67K
Lump Sum Death Benefit - Beneficiary Designation Form - use this form to designate or change your death benefit beneficiary. 66K

Last Updated ( Wednesday, 19 February 2014 )