With the enactment of Section 55 of Chapter 176 of the Acts of 2011, the law requires that we send this notification to individuals who retired prior to May 17, 2004, and chose Option A or C. As you will note from the attached copy of Section 55 of Chapter 176, this new law will permit specific retirees the ability to change his or her option to Option C in certain, limited circumstances involving same sex couples. A qualifying retiree has a very small window in which to elect this option change, so retirees who are eligible for this benefit must act quickly by notifying the retirement board that you wish to change your option selection.
In order to be eligible to change your option to C, you must have:
Retired before May 17, 2004;
Picked Option A or B upon retirement;
Entered into a same sex marriage between May 17, 2004 and May 17, 2005.
If you meet the above three criteria, you may be eligible to change your current retirement option to an Option (C) which would provide a monthly benefit upon your death to a spouse. This section of the law becomes effective on February 15, 2012 and any effected retirees that fall within this criteria, must make an election of option change by July 1, 2012. PLEASE CONTACT THE RETIREMENT BOARD IMMEDIATELY IF THIS APPLIES TO YOU. You will then be given further instruction.
| < Prev | Next > |
|---|
