The primary beneficiary is the person or entity who will receive any remaining benefits from the retirement account following your death. The selected plan of payment determines what benefits beneficiaries are eligible to receive.

If an option from Plan II — Joint and Survivor Annuity is selected, only one primary beneficiary can be named. It must be a person, and that person’s date of birth is also required. If certain options under the Joint and Survivor Annuity are selected, you can select a guarantee feature that provides benefit protection to a secondary beneficiary for a specific number of years from your retirement date. You may name more than one secondary beneficiary.

If Plan I (Single Life Annuity) or Plan III (Annuity Certain) are selected, more than one primary beneficiary may be named. The beneficiary does not have to be a person.

Spousal Consent
If you are married, when you file your Service Retirement Application, your spouse must consent to your selection if you have selected one of the following plans of payment:

Plan I — Single Life Annuity

Plan II — Joint and Survivor Annuity:

• Protecting the spouse with less than one-half of the benefit, or
• Protecting a nonspouse beneficiary.

Plan III — Annuity Certain

Plan IV — Partial Lump-Sum Option Plan:

• Any plan paid as a PLOP payment.

Your spouse may consent to your selection of any of these plans by signing the spousal consent on the Service Retirement Application before a notary public.

Without spousal consent for the plans listed above, a Joint and Survivor Annuity with one-half to beneficiary with reversion will be automatically selected for you.