Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))
Chapter 425: PARTICIPATING LOCAL DISTRICTS HEADING: PL 1985, C. 801, §5 (NEW)
Subchapter 5: BENEFITS HEADING: PL 1985, C. 801, §5 (NEW)
Article 1: GENERAL PROVISIONS HEADING: PL 1985, C. 801, §5 (NEW)
§18412. Limitation on benefits
Benefits are limited as follows: [1987, c. 256, §34 (NEW).]
1. One benefit only. A beneficiary may select only one benefit, regardless of how many benefits he qualifies for; and
[ 1987, c. 256, §34 (NEW) .]
2. Election final. Except as provided in section 18403, subsection 4, and section 18553, subsection 8, if a beneficiary elects a benefit after receiving reasonable notification of available options from the retirement system, the beneficiary's election of a benefit is final and may not be changed or revoked at a later date.
Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))
Chapter 425: PARTICIPATING LOCAL DISTRICTS HEADING: PL 1985, C. 801, §5 (NEW)
Subchapter 5: BENEFITS HEADING: PL 1985, C. 801, §5 (NEW)
Article 1: GENERAL PROVISIONS HEADING: PL 1985, C. 801, §5 (NEW)
§18412. Limitation on benefits
Benefits are limited as follows: [1987, c. 256, §34 (NEW).]
1. One benefit only. A beneficiary may select only one benefit, regardless of how many benefits he qualifies for; and
[ 1987, c. 256, §34 (NEW) .]
2. Election final. Except as provided in section 18403, subsection 4, and section 18553, subsection 8, if a beneficiary elects a benefit after receiving reasonable notification of available options from the retirement system, the beneficiary's election of a benefit is final and may not be changed or revoked at a later date.
Part 20: STATE RETIREMENT SYSTEM (HEADING: PL 1985, C. 801, §5 (NEW))
Chapter 425: PARTICIPATING LOCAL DISTRICTS HEADING: PL 1985, C. 801, §5 (NEW)
Subchapter 5: BENEFITS HEADING: PL 1985, C. 801, §5 (NEW)
Article 1: GENERAL PROVISIONS HEADING: PL 1985, C. 801, §5 (NEW)
§18412. Limitation on benefits
Benefits are limited as follows: [1987, c. 256, §34 (NEW).]
1. One benefit only. A beneficiary may select only one benefit, regardless of how many benefits he qualifies for; and
[ 1987, c. 256, §34 (NEW) .]
2. Election final. Except as provided in section 18403, subsection 4, and section 18553, subsection 8, if a beneficiary elects a benefit after receiving reasonable notification of available options from the retirement system, the beneficiary's election of a benefit is final and may not be changed or revoked at a later date.
