Rule 513-5-1-.21. Retirement Benefits in Cases of Divorce

In the event a retiree has elected an optional allowance naming his or her spouse as sole beneficiary and later obtains a final judgment of complete divorce, the retiree may make a one-time change in the maximum plan of retirement or to another option, with only one such change being permitted after each divorce.

Authority: O.C.G.A. Secs. 47-3-121(f), 47-3-26.

History. Original Rule entitled "Retirement Benefits in Cases of Divorce" adopted. F. Jan. 23, 1992; eff. F Feb. 12, 1992.