Upon the occurrence of the death of a participant, there shall be benefits payable in accord with the following sections of this Article
XXXII.
If a participant shall die prior to the commencement of the payment of any retirement or other benefits under this plan, and without eligibility for payment of a survivor benefit under §
57-159, the beneficiary shall be entitled to receive a distribution of the participant's accumulated contributions determined as of the date of death of the participant. If the participant has received disability retirement benefits hereunder, the amount of distribution of accumulated contributions shall be reduced by the amount of disability retirement benefits which have been paid hereunder.
If a participant shall die after becoming eligible for payment of a retirement benefit under §
57-151 or
57-159 or after commencement of a benefit under §
57-151 and without eligibility for payment of a survivor benefit under §
57-164, and the total amount of benefits paid to the participant does not at least equal or exceed the participant's accumulated contributions as of the date of death, there shall be paid to the beneficiary an amount equal to the difference between the amount of benefits paid and the amount of the participant's accumulated contributions. If the benefits paid exceeds the amount of the participant's accumulated contributions, there shall be no additional amounts due or payable hereunder.