In the event of your death, the death benefit is based on the form of pension you elected at retirement.
If you elected a joint and survivor pension, the benefit will continue to your
spouse at 60%, 75%, or 100% of your pension.
If you elected a single life pension with a guarantee period, the benefit will
continue to your beneficiary for the balance of the 5, 10, or 15 year guarantee
period. If you pass away after the guarantee period has expired, no further
benefits are payable.
If you elected a single life pension with no guarantee period, and you pass away
before receiving a total accumulated benefit equal to your contributions to the
Plan plus interest, the unpaid balance will be paid out in a lump sum to your
beneficiary or estate.