S1264 — Allows retiree to change designated beneficiary after retirement in event of divorce.

S1264 — Allows retiree to change designated beneficiary after retirement in event of divorce. · Informed CitizenryThis bill amends the Public Employees Retirement System and the Teachers Pension and Annuity Fund to allow retirees to change their designated beneficiaries following a divorce. Under current law,…Open in Informed Citizenry