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(a) When an active or retired police officer dies, the board of trustees shall pay from the fund a sum of not less than one hundred dollars ($100) nor more than six thousand five hundred dollars ($6,500) to pay the death benefits of the decedent to:
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(1) The surviving spouse of the police officer;
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(2) The police officer’s estate if there is no surviving spouse; or
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(3)
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(A) A beneficiary chosen by the police officer if before death the police officer executed a beneficiary form.
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(B) The board of trustees shall provide a beneficiary form to active and retired police officers.
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(b) Each board of trustees shall adopt a policy establishing the amount to be paid for death benefits under this section, and the amount shall be awarded uniformly to all eligible persons.
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(c) The board of trustees may change the amount of death benefits payable under this section, but in that instance the amount shall be uniformly distributed likewise.
