Under what circumstances is a member’s Option D election superseded?

An Option D designation has a serious and lasting legal impact unless:
  • A member cancels it; or
  • A member’s designated beneficiary predeceases the member; or
  • A member retires; or
  • A member’s surviving beneficiaries are eligible to receive an accidental death benefit; or
  • A member’s eligible surviving spouse elects to receive a benefit, even if the member did not choose the spouse as his/her Option D beneficiary.