PRINTER'S NO. 1326
No. 1155 Session of 1989
INTRODUCED BY WILSON, BURNS, CLYMER, FLEAGLE, PHILLIPS, HECKLER,
HAYES, TELEK, MELIO, GIGLIOTTI, COLAIZZO AND LAUGHLIN,
APRIL 12, 1989
REFERRED TO COMMITTEE ON STATE GOVERNMENT, APRIL 12, 1989
AN ACT
1 Amending Title 71 (State Government) of the Pennsylvania
2 Consolidated Statutes, providing for the recomputation of
3 annuities in certain cases relating to decedent survivor
4 annuitants.
5 The General Assembly of the Commonwealth of Pennsylvania
6 hereby enacts as follows:
7 Section 1. Section 5907(j) of Title 71 of the Pennsylvania
8 Consolidated Statutes is amended to read:
9 § 5907. Rights and duties of State employees and members.
10 * * *
11 (j) Nomination of beneficiary or survivor annuitant.--A
12 member who is eligible and elects to receive a reduced annuity
13 under Option 1, 2, 3, or 4, shall nominate a beneficiary or a
14 survivor annuitant, as the case may be, by written designation
15 filed with the board at the time of his retirement. A member who
16 has elected Option 1 may change his designated beneficiary at
17 any time. A member having designated a survivor annuitant at the
18 time of retirement shall not be permitted to nominate a new
1 survivor annuitant unless such survivor annuitant predeceases
2 him or unless the member is awarded a divorce or becomes married
3 subsequent to the election of the option. In such cases, the
4 annuitant shall have the right to reelect an option and to
5 nominate a beneficiary or a new survivor annuitant and to have
6 his annuity recomputed to be actuarially equivalent as of the
7 date of recomputation to the annuity in effect immediately prior
8 to the recomputation. In a case where a survivor annuitant
9 predeceases a member, the member shall have the right to have
10 his annuity recomputed to an amount he would have received had
11 he not designated a survivor annuitant. This recomputation shall
12 date from the time his application for such recomputation is
13 received by the board. In no other case shall a benefit plan be
14 changed by an annuitant.
15 * * *
16 Section 2. This act shall take effect immediately.
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