§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.
[ 1991, c. 548, Pt. A, §3 (AMD) .]
1987, c. 256, §34 (NEW). 1991, c. 548, §A3 (AMD).