April 8, 2020
Active members may now change their beneficiary designations by logging into Member Access. Members will select the Beneficiaries link which allows them to designate one or more people or their estate as beneficiary for their retirement contributions and/or survivor benefits.
To make a change, members will need to have all beneficiary information, such as full names, dates of birth and Social Security numbers. Any beneficiary changes they make will override their prior designations and will take effect immediately. Before making any changes, members may wish to consult an attorney/estate planner.
Members must complete an Active Member Beneficiary Form (Form 1102 ) or Beneficiary/Trustee Designation Form (Form 1103) if they choose to designate any of the following as their beneficiary:
- Trust.
- Entity.
- Charity.
- Organization.
State Optional Retirement Program (State ORP) participants may now also update their incidental death benefit beneficiaries through Member Access. State ORP participants may also still complete a State ORP Active Incidental Death Benefit Beneficiary Designation (Form 1106 ).
All beneficiary changes made using the paper form require the member’s signature be notarized and must be submitted to PEBA.