§ 2.06. Beneficiary designation.

A member of Division A may designate any person as beneficiary to receive benefits provided by Article 2 and payable upon the death of the member of Division A. A change in such designation may be made at any time by the member of Division A, subject to the provisions of Section 2.26. Such designation or change in designation shall be submitted in writing to the pension commission in such form and manner as the commission may prescribe. No designation of beneficiary shall be effective unless it has been received by the pension commission prior to the date of death of the member of Division A. Upon any change in designation of beneficiary, the rights of all previously designated beneficiaries to receive any benefits provided by Article 2 shall cease.