Form VB 5 - Direction of Spouse as Specified Beneficiary to Continue Receiving Variable Benefit Payments
Purpose of form:
This Form is to be used by a spouse who is a specified beneficiary who wants to elect within 90 days after the death of a retired member to continue to receive variable benefit payments. Form VB 5 is not designed to be an option form. It is designed to be a supplementary form to be completed only if a spouse as a specified beneficiary elects to continue receiving variable benefit payments.