Important! This option only applies if you were employed on or after April 6, 2010.
If you pass away before receiving 5 years (60 months) of pension payments
- Your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for the remainder of the 5-year guarantee period, which starts from the date of your retirement.
- When the 5-year guarantee period ends, your surviving spouse will receive 60% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
Note: If your surviving spouse passes away within the 5-year guarantee period, their designated beneficiary or estate will receive a lump sum payment equal to the present value of the remaining pension payments, calculated at the time of their death.
If you pass away after receiving 5 years (60 months) of pension payments
- Your surviving spouse will receive 60% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
Important! This option only applies if you were employed before April 6, 2010.
If you pass away before receiving 5 years (60 months) of pension payments
- Your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for the remainder of the 5-year guarantee period, which starts from the date of your retirement.
- When the 5-year guarantee period ends, your surviving spouse will receive 66 2/3% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
Note: If your surviving spouse passes away within the 5-year guarantee period, their designated beneficiary or estate will receive a lump sum payment equal to the present value of the remaining pension payments, calculated at the time of their death.
If you pass away after receiving 5 years (60 months) of pension payments
- Your surviving spouse will receive 66 2/3% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
If you pass away before receiving 15 years (180 months) of pension payments
- Your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for the remainder of the 15-year guarantee period, which starts from the date of your retirement.
- When the 15-year guarantee period ends, your surviving spouse will receive 75% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
Note: If your surviving spouse passes away within the 15-year guarantee period, their designated beneficiary or estate will receive a lump sum payment equal to the present value of the remaining pension payments, calculated at the time of their death.
If you pass away after receiving 15 years (180 months) of pension payments
- Your surviving spouse will receive 75% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
If you pass away before receiving 15 years (180 months) of pension payments
- Your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for the remainder of the 15-year guarantee period, which starts from the date of your retirement.
- When the 15-year guarantee period ends, your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.
Note: If your surviving spouse passes away within the 15-year guarantee period, their designated beneficiary or estate will receive a lump sum payment equal to the present value of the remaining pension payments, calculated at the time of their death.
If you pass away after receiving 15 years (180 months) of pension payments
- Your surviving spouse will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable) for their lifetime.