Benefits of the Fund

2023 Benefit Schedule

Active Member Regular Death Benefit        $50,000

• Payable on death due to natural causes and/or accidental death
• Double Indemnity Benefit may be approved by the Board for death in the performance of duty

Retired Member Regular Death Benefit¹     $18,800

• Paid Up death benefit on retirement
• No further payment of Dues required

¹ Retired from TPS with 300 months contributory Fund membership

Endowment

Regular Endowment Benefit ¹                       $3,150

Modified Retired Member Death Benefit and Endowment Benefit

For Members who retire from the TPS with less than 300 months contributory Fund Membership, benefits will be prorated (Actual months ÷ 300 months)

Will/Power of Attorney Preparation

Will Reimbursement Program                                              $200

The Fund offers a reimbursement for the preparation of a Member’s Will or Power of Attorney.

New! Starting April 1, 2021, members are eligible for a second reimbursement. These two reimbursements are for separate transactions and cannot be combined.