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Glossary |
J
Joint Annuitant
A joint annuitant is a type of beneficiary who is eligible to receive certain continuing benefits upon your death. If you retire under the Florida Retirement System Pension Plan and choose benefit payment option 3 or 4, your beneficiary must be your joint annuitant to receive continuing benefits after you die. To qualify as a joint annuitant, your beneficiary must be: your spouse; your natural or legally adopted child who is either under age 25 or is physically or mentally disabled and incapable of self-support (regardless of age); or
a person who is financially dependent upon you for one-half
or more of his or her support, and who is your parent,
grandparent, or a person for whom you are the legal guardian.
NOTE: Special provisions may apply if you die prior to retirement.
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