All contributory members are asked to designate a beneficiary for their member contributions. If you die, and no one qualifies for a monthly survivor benefit, these beneficiaries will receive your accumulated contributions. If you do not designate a beneficiary, your refund can only be issued to your estate, which will require probate court paperwork and additional time.
It is particularly important that you periodically review your beneficiary designations and update them when appropriate.
How-To
How do I update my beneficiary designations?
If you need to update your beneficiary designations, the fastest method is via the myAPERS Portal under Your Info. Alternatively, you may contact APERS at 501-682-7800 to request the appropriate form and to ask any questions you may have about the process.
How do I check my member contributions balance?
In myAPERS, you can navigate to the Your Account page and click on details next to your account ID. You may also contact APERS at 501-682-7800 to inquire.
Frequently Asked Questions
I am not sure if I have named a beneficiary. How can I check?
In myAPERS, you can navigate to the Your Info page and then scroll down to the beneficiary section. If no beneficiaries are listed, you will have the opportunity to name a beneficiary. You may also contact APERS at 501-682-7800 to inquire.
Why should I name a beneficiary?
Naming a beneficiary ensures that your member contributions are refunded according to your wishes, in the event of your death. Naming a beneficiary also ensures that your beneficiary will not have to complete probate paperwork to obtain the funds.