7.7 Your beneficiary

Have you thought about your beneficiary?
A few minutes to think can make all the difference!

Designating one or several beneficiaries only takes a few minutes (filling out the form, that is!). Take the time to think things through and decide to whom your pension should be paid in the event of your death. The related form is available on this website, under the Forms section.

This could help avoid problems later and ensure the timely payment of your death benefit.

If you have a spouse, this person is the beneficiary of your death benefit, unless he or she waived this right.

If you do not have a spouse, the benefit is paid to your designated beneficiary or, if there is none, to your estate.

Do not forget to notify the appointed Plan administrator of any change in beneficiaries by using the correct form under the Forms section.

Please note that if you hold more than one membership in the Plan, your most recent beneficiary designation applies to each of your memberships, past or future, and voids all past designations, unless there is an irrevocable one.

Please refer to Section 12 of this document to get additional information about spouse and beneficiary designation.