This portion of the bill effects the B Series Retirement Options. If the designated beneficiary dies while the member is receiving benefits , the member can change the designated beneficiary and make other modifications within the prescribed guidelines. If a member, who is receiving benefits, marries for the first time or after the death of that member s spouse and if the new spouse is not designated as the beneficiary, the member may elect to change the designated beneficiary and make other modification as allowed. This portion of the bill effects payment of Annuity Savings Accounts to members who have not performed any service in a TRF covered position for two years and have not attained vested status in the fund. This provision makes it easier for these members to receive their funds by reducing the amount of paperwork completed by staff.
Adoption leave of less than one year now qualifies for service credit.