Beneficiary Challenge Answers for Active Members

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1. What’s the best way for members to update their pension beneficiary?

Answer: C. Members should log into their account on ers.ga.gov to make official changes.

2. Which of the following cannot be a beneficiary for a pension plan?

Answer: C. A parrot named Sir Squawks-a-Lot

3. Why is it important for members to keep their beneficiary information up to date?

Answer: D. Keeping beneficiary information current helps ensure benefits are paid correctly and according to the member’s wishes.

4. What’s the difference between a primary and a contingent beneficiary?

Answer: A. The primary receives the benefit first; the contingent steps in if needed.

5. What system do members use to update their PSR 401(k) or 457 beneficiaries?

Answer: A. Gabreeze.ga.gov

6. Can a minor be named as a beneficiary for a pension in Georgia?

Answer: A. A minor can be named, but if they’re under 18, a court-appointed guardian or Uniform Transfers to Minors Act (UTMA) custodian may be needed.

7. Do ERSGA pension and PSR (401(k)/457) beneficiaries need to be updated separately?

Answer: B. Yes, they are managed on different systems and must be updated individually

8. If a member updates their will but not their ERSGA beneficiary designation, which document takes priority?

Answer: B. ERSGA beneficiary designation because it’s the official record for pension benefits

9. Where can you find helpful info about updating beneficiaries, especially during life events like marriage, divorce, or retirement?​

Answer: B. On the ERSGA website under the “Life Stages” tab or in plan handbooks