Beneficiary Fund Administration

Beneficiary Fund Administration 

  • The Trust is established and administered on behalf of deceased Member’s Minor Children.
  • The Trust is payable to children from ages 21 to 23 of age.
  • Trust accumulates Interest on a monthly basis.
  • Interest is paid to the Guardian as a Pension on a monthly basis.
  • The Guardian may apply for ad hoc (provisional) payments from the Trust under certain conditions.