Beneficiary Challenge Answers for Retirees & Beneficiaries
1. Where can Retirees see their ERSGA beneficiary designation?
Answer: A. Visit ers.ga.gov and log in to your secure account and review your beneficiary information.
2. How often should Retirees review their beneficiary designations?
Answer: C. As a Retiree this is when you can update. Review yearly to make sure beneficiary contact info is current such as their address.
3. True or False:
It’s important to keep your beneficiary contact information up to
date, such as their name and address.
Answer: True! Even if your beneficiary hasn’t changed, contact info helps ensure benefits are delivered quickly and correctly.
4. True or False: You should contact ERSGA if your designated beneficiary passes away.
Answer: True: Contact ERSGA if your current designated beneficiary passes away. We can help you with how to update your beneficiary designations, and we’ll let you know if there are any special provisions for your monthly benefit you can exercise now or in the future.
5. True or False: You cannot designate a beneficiary for your ERSGA pension in a will
Answer: True. As per Georgia law, an ERSGA beneficiary must be designated through ERSGA.
6. A designated beneficiary ensures your retirement savings go directly to the person you choose, rather than getting stuck in __________.
Answer: B. Designating a beneficiary gives you and your loved ones peace of mind.
7. Why is it important to keep beneficiary information current?
Answer: E. all of the above