I retired under the Maximum Option but married recently. Can I select another option to provide my spouse with lifetime benefits, should I die before she does?
If you chose the Maximum Retirement Allowance (single life annuity) or Option 1 (the prorated single life annuity) and marry after retirement, you may have your benefits recalculated under Option 2 or Option 4A to provide benefits for a spouse. The recalculation of benefits is effective the first of the month after PERS receives a completed Form R. There will be a reduction in your benefits due to the beneficiary protection.
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