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Receipt Date Designation of Beneficiary With Contingent Beneficiaries For Active Members Only (not retirees) Office of the New York State Comptroller New York State and Local Retirement System Employees'.

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Related content

RS5127 - Office of the State Comptroller
Designation of Beneficiary with Contingent Beneficiaries. Received Date. RS 5127. (Rev...
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You can change this beneficiary at any time using the PBGC Form 707. If this beneficiary dies, it's important to designate a new one, even if you haven't started to receive payments.

When you became a member of the New York State and Local Retirement System (NYSLRS), you may have designated one or more beneficiaries. A beneficiary is a person, often a relative or loved one, whom you have chosen to be eligible to receive a benefit upon your death.

The Tier 1 death benefit is equal to 8.33 percent of your last year's earnings, multiplied by your years of service credit, up to 36 years.

Write the names of the first beneficiary(ies) you would like to receive your benefit after you die. You may name an individual(s), entity (such as a charity, business, religious organization, funeral home, etc.), trust, or estate. You may name more than one.

A beneficiary is generally any person or entity the account owner chooses to receive the benefits of a retirement account or an IRA after they die. The owner must designate the beneficiary under procedures established by the plan.

The Survivor's Benefit Program provides a death benefit to the beneficiaries of eligible retired New York State employees. For most retirees, the amount is $3,000. Read our brochure, The Survivor's Benefit Program for Retired New York State Employees, for information about eligibility requirements.

Beneficiary designations allow you to transfer assets directly to individuals, regardless of the terms of your will. Beneficiary designations are often made when a financial account, retirement account, or life insurance policy is established.

The Survivor's Benefit Program provides a death benefit to the beneficiaries of eligible retired New York State employees. For most retirees, the amount is $3,000. Read our brochure, The Survivor's Benefit Program for Retired New York State Employees, for information about eligibility requirements.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232