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when you retired you chose a retirement option and depending on the option you chose you had to decide on a beneficiary did you know that the option you chose and the beneficiary can sometimes be changed after retirement they can but there has to be a qualifying event lets learn more you may be able to modify your current retirement payment option and name a new beneficiary after a qualifying event such as the death of your lifetime beneficiary if you get married or enter into a domestic partnership or the dissolution annulment legal separation or termination of your marriage or domestic partnership if one of these events occurs you can request a modification of original election at retirement when you add or change a payment option beneficiary through this process your current retirement benefit is reduced to fund your new beneficiaries possible future benefits how much its reduced depends on your original payment option and you and your new beneficiaries age and life expectancy at
