2 CRR-NY 345.8NY-CRR
STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 2. DEPARTMENT OF AUDIT AND CONTROL
CHAPTER VI. NEW YORK STATE AND LOCAL EMPLOYEES' RETIREMENT SYSTEM AND NEW YORK STATE AND LOCAL POLICE AND FIRE RETIREMENT SYSTEM
PART 345. ADDITIONAL OPTIONS UPON RETIREMENT FOR TIER 1 AND 2 MEMBERS OF THE NEW YORK STATE AND LOCAL RETIREMENT SYSTEMS
2 CRR-NY 345.8
2 CRR-NY 345.8
345.8 Designation of beneficiary.
(a) A beneficiary maybe designated in accordance with the provisions of sections 90 and 390 of the Retirement and Social Security Law. Each such designation shall be:
(1) made in writing on a blank provided by the Comptroller for such a purpose; and
(2) ineffective until it is filed in the office of the Comptroller.
(b) A member electing the five-year certain option or the ten-year certain option may designate a primary beneficiary, or a primary beneficiary with a contingent beneficiary. A member may not designate multiple primary beneficiaries for the benefits payable under these options unless the designation provides for the benefits to be distributed to such primary beneficiaries on a per capita basis (“share and share alike of those surviving”).
2 CRR-NY 345.8
Current through February 28, 2022
| End of Document |
IMPORTANT NOTE REGARDING CONTENT CURRENCY: JULY 31, 2023, is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Admisnistrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of the NYS Rules.