At your death, Georgia law requires that the settlement of your account be made in accordance with the beneficiary information on file with TRS. If you do not have beneficiary information on file, settlement will be made with your surviving spouse. In the absence of a spouse, settlement will be made with your estate. Wills, divorce decrees, remarriages, etc., do not determine the settlement of your TRS account at your death. Therefore, should a change in your life necessitate a change of beneficiary(ies), it is very important that you complete a Multiple Change Request (TRS-2B) form and submit it to our office.
The TRS-2B form is used for the following purposes:
- Name Change Request
- Designation of Primary and Secondary Beneficiary(ies)
If the primary beneficiary designated by the member does not survive the member by at least 32 days, any survivor benefits will be paid to the secondary beneficiary.
When multiple beneficiaries are designated, the percentage of available benefits or lump-sum settlement of your contributions and interest to be paid to each beneficiary should be indicated. The total percentage paid to all beneficiaries must be 100% of the available benefits or lump-sum settlement of your contributions and interest. If no percentages are designated, the available benefits or lump-sum settlement of your contributions and interest will be divided equally.