HARRY HUGHES, Governor

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(II) THE MEMBER:

1. WAS ELIGIBLE TO RETIRE; OR

2. HAD AT LEAST 15 YEARS OF
CREDITABLE SERVICE AND WAS 55 YEARS OLD OR OLDER.

(8) (b) [Notwithstanding anything to the contrary in
this subsection or elsewhere in this article, whenever any
member who is eligible for service retirement under the
provisions of subsection (l)(a) of this section or who has
attained the age of 55 and has rendered 15 or more years
of creditable service dies in service, without having
nominated by written designation a beneficiary other than
his spouse, leaving a surviving spouse with whom he was
living as husband or wife on the date of his death, said
spouse shall be entitled to a retirement allowance equal to
that which would have been paid to the surviving spouse
under option 2 of this subsection, had the member elected
option 2 in favor of his spouse and retired 30 days before
his death where the pension without optional modification in
the case of the member who is not eligible for service
retirement but who has attained age 55 and has 15 or more
years of creditable service is calculated in accordance with
subsection (2)(b) of this section; provided, however, that
if such spouse is the person nominated by the member to
receive any benefit under subsection (6) of this section,
he may, by written notice filed with the board of trustees
prior to the commencement of such retirement allowance but
not more than 60 days after the death of such member, elect
to receive a benefit under the provisions of subsection (6)
of this section in lieu of such retirement allowance.
Effective July 1, 1973, the retirement allowance payable
hereunder to the surviving spouse of a member who died prior
to July 1, 1973 shall be redetermined on the basis of the
provisions of subsection (2) of this section as it was in
effect July 1, 1973.] A RETIRED MEMBER MAY ELECT TO CHANGE
HIS OR HER BENEFICIARY, IN WHICH EVENT, THE ALLOWANCE FOR A
SUBSEQUENT ELECTION SHALL BE COMPUTED ON THE VALUE OF THE
BALANCE IN HIS OR HER RESERVES AT THE TIME THE CHANGE IN
BENEFICIARY IS MADE.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 6, 1980.

CHAPTER 356
(Senate Bill 1009)
AN ACT concerning