- Your dependant will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable), divided equally if there is more than one dependant, for a 5-year guarantee period.
- When the 5-year guarantee period ends, your dependant will receive 66 2/3% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime or until they are no longer eligible. The death benefit will be divided equally if there is more than one dependant.
Note: If all your dependants pass away within the 5-year guarantee period, a lump sum payment equal to the present value of the remaining pension payments will be payable to the estate of the last individual in receipt of payments, calculated at the time of their death.
- Your dependant will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable), divided equally if there is more than one dependant, for a 5-year guarantee period.
- When the 5-year guarantee period ends, your dependant will receive 60% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime or until they are no longer dependant. The death benefit will be divided equally if there is more than one dependant, for their lifetime or until they no longer qualify.
Note: If all your dependants pass away within the 5-year guarantee period, a lump sum payment equal to the present value of the remaining pension payments will be payable to the estate of the last individual in receipt of payments, calculated at the time of their death.