Death of a Member After Retirement

The benefit payable upon your death depends on the form of pension you elected at retirement. Please refer to the Pension Benefits: Options at Retirement section for further information.

If you elected a Joint and Survivor pension option and the spouse/common-law partner you named as your beneficiary at retirement is still alive at the time of your death, the monthly pension will be paid to them for their lifetime. The monthly pension payable to your spouse/common-law partner may be reduced, depending on the form of pension you elected at retirement and the termination of other Plan benefits such as the supplementary benefit.

If you elected a Joint and Survivor pension option and both you and your spouse/common-law partner die after your retirement and before the end of the guarantee period, the estate of the last survivor receives the lump sum value of the remaining guaranteed monthly payments. 

If you elected a Single Life option and the guarantee period has not expired upon your death, your spouse/common-law partner will continue to receive the full monthly pension for the remainder of the guarantee period, if they are named as your beneficiary. If you die before the guarantee period ends and your beneficiary is not a spouse/common-law partner, the beneficiary will receive the lump sum value of the remaining guaranteed monthly pension payments.

If you elected a Single Life option and the guarantee period has expired, no further pension benefit is payable.



image





See how your Pension Plan is changing to help ensure we can continue to honour the defined benefit commitment to all current and future retirees.

© 2017 HEB Manitoba

 

Disclaimer - This website provides a basic overview of the Healthcare Employees' Pension Plan (HEPP) and the Healthcare Employees' Benefits Plan (HEBP) (collectively the HEB Manitoba Pension and Benefit Plans). Not all employers participate in all Plans. Please check your eligibility for benefits with your employer.

HEB Manitoba is a name notation registered by the Healthcare Employees’ Pension Plan – Manitoba and the Healthcare Employees’ Benefits Plan – Manitoba and under which each of their respective undertakings is carried out.

The information on this website is for convenience of reference only and has no official sanction. View our full disclaimer here.