- 905-946-9700 | 1-800-263-3564
- [email protected]
- 45 McIntosh Drive, Markham, Ontario L3R 8C7
If you die before you retire, your Beneficiary will receive a lump sum death benefit equal to the minimum death benefit required under Applicable Legislation, which is equal to the commuted value of the pension you earned on or after January 1, 1987.
If you had reached Retirement Age (53 or older), the lump sum death benefit would not be less than 120 times the monthly pension you would have received as if you had retired on that day.
If your Beneficiary is your Spouse, the death benefit can be paid as a:
Note that by law this pre-retirement death benefit has to be paid to your Spouse, regardless of whom you designate as your Beneficiary. Your Spouse may, however, waive the right to this entitlement by signing a prescribed waiver form
If you die before you retire, your Beneficiary will receive a lump sum death benefit equal to the minimum death benefit required under Applicable Legislation, which is equal to the commuted value of the pension you earned on or after January 1, 1987.
If you had reached Retirement Age (53 or older), the lump sum death benefit would not be less than 120 times the monthly pension you would have received as if you had retired on that day.
If your Beneficiary is your Spouse, the death benefit can be paid as a:
Note that by law this pre-retirement death benefit has to be paid to your Spouse, regardless of whom you designate as your Beneficiary. Your Spouse may, however, waive the right to this entitlement by signing a prescribed waiver form
Pension Plan
45 McIntosh Drive
Markham, Ontario
L3R 8C7
Phone: 905-946-9700
Toll Free: 1-800-263-3564
Fax: 905-946-2535
Email: [email protected]
© Carpenters Local 18 Pension Plan
