Death: Post-retirement Death Scenarios

Death

Post-retirement Death Scenarios

A] NOT VESTED: Less than (<) 2 years of membership or credit

Order of Recipients	Survivor Benefit Received
#1. The Eligible Spouse	Receives 2 x member�s contributions + interest.
If no Eligible Spouse, #2. The Eligible Child(ren)	Receive(s) 2 x member�s contributions + interest.
If no Eligible Children, #3. The Refund Recipient(s)	Receive(s) the member�s contributions + interest.
If no Refund Recipient, #4. The Estate	Receives the member�s contributions + interest.

B] VESTED: Two or more (>=2) years of membership or credit

B-I] Pre-1987 Service: For service up to December 31, 1986

Order of Recipients	Survivor Benefit Received
#1. The Eligible Spouse	If credit >= 10 years: - Receives 60% of the CPP Integrated Age 65 pension. If credit < 10 years: - Receives 2 x the member�s contributions + interest.
If no Eligible Spouse, #2. The Eligible Child(ren)	If credit >= 10 years: - Receives 60% of the CPP Integrated Age 65 pension. If credit < 10 years: - Receives 2 x the member�s contributions + interest.
If no Eligible Children, #3. The Refund Recipient	Receives the member�s contributions + interest.
If no Refund Recipient, #4. The Estate	Receives the member�s contributions + interest.

B-II] Post-1986 Service: For service from January 1, 1987 onward

Order of Recipients	Survivor Benefit Received
#1. The Eligible Spouse	Commuted Value of deceased�s deferred pension paid as either: an Immediate Pension (i.e., payable immediately) a Deferred Pension (i.e., payable at age 65 of survivor), or a lump sum.
If no Eligible Spouse, #2. The Designated Beneficiary	Receives the commuted value (i.e., a single lump sum).
If no Designated Beneficiary, #3. The Estate	Receives the commuted value (i.e., single lump sum).
#4. The Refund Recipient	Receives any refund of Excess Contributions for post-86 service (if any).

Revised January 2010


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