ARM 2.43.2610. DESIGNATION OF BENEFICIARY BY RETIREES, ALTERNATE PAYEES, AND CONTINGENT ANNUITANTS

(1) Beneficiaries may only be designated on a form provided by MPERA, which must be dated and signed by the member or payment recipient. (2) Except as provided in (3), the designation of beneficiary shall be effective immediately upon filing with MPERA. (3) If a retirement system member who has applied for retirement dies prior to receipt of their initial retirement benefit, the member's beneficiary must revert to the beneficiary or beneficiaries designated on their retirement system membership form.