(a) Optional election. Except as provided in subsection (b), a participant may elect an optional form of pension described in § 5-6-206 that is actuarially equivalent to the normal form of retirement otherwise payable.
(b) Disabled participants. This subsection applies to a disabled participant. A participant who qualifies for a service-connected disability retirement is eligible to elect an optional form of pension, regardless of age and credited service. A participant who qualifies for a non-service-connected disability retirement pension is eligible to elect an optional form of pension.
(c) Filing form with Personnel Officer. To elect a pension payment option, a participant shall file the appropriate form with the Personnel Officer at least 30 days before the date of retirement.
(d) Effective date. The pension payment option is effective on the participant's retirement date, but is void if the participant, the beneficiary, or the joint annuitant dies before the participant's retirement date.
(1985 Code, Art. 7, § 6-205) (Bill No. 90-01; Bill No. 32-04)