NY S05131

Allows retired members under various New York retirement systems to change their beneficiary or option election if their designated beneficiary has been convicted of a family offense as defined in Family Court Act Section 812 or Criminal Procedure Law Section 530.11, provided the retired member is the complainant.

Retired members have 180 days from the date of the beneficiary's conviction to submit a written request to their retirement system to change their election or designate a new beneficiary.

The Comptroller must ensure retired members receive notice of these provisions in consultation with the Division of Criminal Justice Services and the New York State Office for the Prevention of Domestic Violence.

Applies to retirement systems under Retirement and Social Security Law Articles 2 and 11, Education Law Section 513, and four NYC pension systems under the Administrative Code (Sections 13-177.2, 13-261.4, 13-369.2, and 13-559.2).

The Comptroller is authorized to promulgate rules and regulations necessary for implementation; the act takes effect 180 days after becoming law.