Rome |
Code of Ordinances |
Part III. CODE |
Appendix A. GEORGIA MUNICIPAL EMPLOYEES BENEFIT SYSTEM |
Article VII. OPTIONAL FORMS OF RETIREMENT INCOME |
§ 2. Designation of post-retirement beneficiary.
If the Participant elects Option A or Option A1 (Joint and Survivor Options) or Option B (Period Certain and Life Option) in Section 3 below, he shall designate a Post-Retirement Beneficiary to receive a survivor benefit in accordance with and subject to the terms of such Option. Designation of a Post-Retirement Beneficiary may be revoked or changed by the Participant by submitting a new completed Retirement Application at any time prior to the Participant's effective Retirement date. Only the last such designation of a Post-Retirement Beneficiary shall have effect, and any new designation of a Post-Retirement Beneficiary shall invalidate, supersede, and revoke any prior designation.