803-A - Correction of benefit errors.

§  803-a.  Correction  of  benefit  errors.  Notwithstanding any other  provision of law, rule or regulation to the contrary, if, pursuant to  a  settlement  agreement  or  court  order  arising out of a matrimonial or  custody action, a member of the New  York  state  and  local  employees'  retirement  system  or  the  New  York  state  and local police and fire  retirement system or retiree agrees or is ordered to select or change  a  retirement  option  or  beneficiary  and such member or retiree fails to  comply  with  such  agreement  or  order,  the  comptroller  is   hereby  authorized,  at  his  or  her  discretion,  to  change  or  correct such  retirement option or beneficiary consistent with a subsequent order by a  court of competent jurisdiction  directing  the  member  or  retiree  to  comply with the original agreement or order.