FAQ: Retirement > Probate > Retiree

Retirement > Probate > Retiree > Change of Payment Option or Survivor Benefits

18. If my contingent annuitant dies after I retire, may I change my benefit payment option so I may receive a higher monthly benefit?

No, you may not change your selected option after your retire and once you cash or deposit your first benefit payment unless you chose the 10 year or 20 year option benefit and your designated contingent annuitant has died. In this case you may name a new contingent annuitant. Under this circumstance you should contact the Retirement Payroll Unit as a certified copy of the death certificate for the deceased annuitant as well as a new income payment election form will be required in order to make such a change.