Permits a retired member to change their option election or designate a new beneficiary if the beneficiary has been convicted of a family offense.

New York A05223 amends the retirement and social security law, the education law, and the administrative code of the city of New York to allow a retired member to change their option election or designate a new beneficiary if the beneficiary has been convicted of a family offense. The retired member must submit a written request to the retirement system within 180 days of the beneficiary's conviction. The comptroller, in consultation with relevant agencies, will ensure retired members are informed of these provisions and is authorized to create necessary rules and regulations.

Permits a retired member to change their option election or designate a new beneficiary if the beneficiary has been convicted of a family offense.

New York A05223 amends the retirement and social security law, the education law, and the administrative code of the city of New York to allow a retired member to change their option election or designate a new beneficiary if the beneficiary has been convicted of a family offense. The retired member must submit a written request to the retirement system within 180 days of the beneficiary's conviction. The comptroller, in consultation with relevant agencies, will ensure retired members are informed of these provisions and is authorized to create necessary rules and regulations.