If you should pass away while you are a member of the Pension Plan, your spouse, designated beneficiary or estate will receive your pension death benefit. The amount of this benefit is the same as if you had terminated your Pension Plan membership.
Your Normal Retirement Date (NRD) is the 1st day of the month following your 65th birthday or your 65th birthday if it’s the 1st day of the month.
Your beneficiary is the person who you want to receive your pension death benefit. Under pension legislation: If you have a spouse, your spouse is automatically your pension beneficiary unless...