In re the Estate of Endemann

The decedent was a member of the New York City Employees’ Retirement System; and upon retirement in 1936 he selected option 3, which provides a reduced annuity to the member for life and an annuity of one half such reduced amount to his widow, for her life, contingent upon her surviving. The decedent received his annuity until his death in 1947, and thereafter his widow became entitled to and has received an annuity of one half the amount. Of the total reserves available upon the member’s retirement, part was contributed by the member and part by the employer, and having selected his option…