Your designated beneficiary must be one of the following: 1. Your spouse, married to you not less than one year immediately preceding the effective date of benefits; Option B Example: The member elects an Option B benefit and has a monthly benefit of $2, 500. If the retiree dies, the Option B beneficiary receives approximately $1, 250 each month for the rest of his or her lifetime with an annual 3% COLA added each July 1. Important Option B – "Pop Up" Provision The death of the designated beneficiary, divorce, or other marriage dissolution following retirement shall, at your written election (contact ATRS for applicable form), cancel any option plan elected at retirement to provide continuing lifetime benefits (Option B) to such spouse or beneficiary and return you to your single lifetime benefit (Option 1 – Straight Life Annuity) for the remainder of your lifetime. If the designated beneficiary is an incapacitated child and emancipation occurs through a court order, marriage, or death, the retiree may elect to return to Option 1 (Straight Life Annuity).
Welder job description example Sage Marine, a specialty division of Sage Materials, is seeking qualified applications for multiple Welder positions at our barge and platform construction facility. Welder responsibilities could include welding, cutting, fabricating, grinding, layout work, overhead crane, fitting, forklift operations and other hands-on fabrication work. You may be required to work in vertical, horizontal or overhead positions. Requirements include a valid CW certificate, a minimum of five years of experience, experience with air arc gougers and experience with an oxygen cutting torch. You will need to be able to read and understand blueprints and to read a tape measure. Preference for overhead crane operation experience, and the ability to work well with a team. This is a full-time job with benefits. Related careers