What if I die after I retire?
If you have |
Pension Paid |
On Death of your Survivor or until your eligible Child reaches age 18
|
An eligible Spouse and eligible Children |
To your Spouse, a pension equal to 60% of the lifetime part of the pension you were receiving (or 75% if that option was chosen when you retired)
|
A Children's pension equal to the Spousal Pension, or a payment to the Spouse's Beneficiary or estate of any balance owing under the 60 Months Pension Guarantee |
No eligible Spouse but eligible Children |
A pension equal to the Spousal pension divided among the Children |
A payment to the last eligible Child at age 18 or to the estate of the last eligible Child of any balance owing under the 60 Months Pension Guarantee
|
No eligible Spouse, no eligible Children |
Payment to your Beneficiary or estate of any balance owing under the 60 Months Pension Guarantee
|
Does not apply |
January 2008
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