State Employees' Assurance Department; assignment of certain group term life insurance benefits to pay for funeral services of a deceased individual who was a member of certain retirement systems; provisions

Summary

The bill lets a named beneficiary of a group term life insurance payment for a deceased retired state employee transfer that money to a licensed funeral director or embalmer to pay for funeral services. It applies to members of the Employees' Retirement System, the Legislative Retirement System, and the Judicial Retirement System. The change streamlines payment of funeral expenses by using existing insurance benefits.

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