Form 560

Selection by Beneficiary(ies) of a Tier 2 Member to Annuitize the Ordinary Death Benefit
Form #560

This form gives the designated beneficiary(ies) of a Tier 2 member who died during active service the opportunity to choose to receive the Ordinary Death Benefit under Section 448 of Retirement and Social Security Law as an annuity, rather than as a lump-sum payment. This form must be filed within 90 days after the date that NYCERS is notified of the member’s death.