WAC 131-16-066   Single sum death benefit to spouse beneficiaries.  Unless previously indicated to the contrary by the participating employee in writing directly to TIAA-CREF, the surviving spouse or other beneficiary, if applicable, of any plan participant who dies before retirement shall be entitled to receive a single sum death benefit in the amount of the then current value of the annuity accumulation.



[Statutory Authority: RCW 28B.10.400. 05-24-051, § 131-16-066, filed 12/1/05, effective 1/1/06; 91-13-048 (Resolution No. 91-20, Order 129), § 131-16-066, filed 6/14/91, effective 7/15/91; Order 28, § 131-16-066, filed 7/1/74; Order 15, § 131-16-066, filed 2/9/73.]