Maine Statutes

§ 5 §17952 — Designated beneficiary

Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 20 STATE RETIREMENT SYSTEM·Ch. 423 STATE EMPLOYEES AND TEACHERS

A qualifying member may designate a beneficiary to receive benefits upon the qualifying member's death by filing a written designation of beneficiary with the chief executive officer. The last designation of any beneficiary revokes all previous designations. In order to be in effect, the written designation must be received by the retirement system office or be postmarked before the qualifying member's death.

1.Designation of more than one beneficiary. A member may designate more than one person as a beneficiary subject to the following limitations.
2.Limitations. If a member designates as beneficiaries 2 or more persons, all must meet the requirements of one, and only one, of the subparagraphs of subsection 1, paragraph A, otherwise their eligibility to receive a benefit under this arti

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Legislative History

PL 1985, c. 801, §§5,7 (NEW). PL 1989, c. 658, §1 (AMD). PL 2011, c. 449, §9 (AMD). PL 2021, c. 548, §45 (REV).

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