Published On Dec 11, 2018
Welcome to the Subject Matter Minute! Our subject matter expert this month is, once again, the Wyoming Retirement System. Here are some useful and interesting links and information:
PRIMARY BENEFICIARY CLARIFICATION:
There is important information to know about having a single primary beneficiary vs. multiple primary beneficiaries. If you have multiple primary beneficiaries, the monthly lifetime benefit is not a available. It would be typical for someone married with children to put the spouse as the primary and children as contingent beneficiaries. This preserves the monthly lifetime benefit option.
Public Employee Pension Plan Handbook:
https://retirement.state.wy.us/-/medi...
Need to ask WRS a question?
https://retirement.wyo.gov/en/Contact
Pension Payout Options Video:
https://retirement.wyo.gov/Members/Pe...
The Rehired Re-Tirer Retiree Video:
• The Retired Re-Tirer
DISCLAIMER: I AM NOT AN EXPERT. I MAY EVEN GET SOMETHING WRONG. PLEASE CONTACT WRS WITH QUESTIONS.