- Your eligible child will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable), divided equally if there is more than one eligible child, for a 5-year guarantee period.
- If, after the end of the 5-year guarantee period, a child is considered eligible, they will receive 66 2/3% of your earned monthly pension (adjusted for the bridge benefit, if applicable) until they are no longer considered eligible. The death benefit will be divided equally if there is more than one eligible child.
Note: If all your eligible children 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 eligible child will receive 100% of your earned monthly pension (adjusted for the bridge benefit, if applicable), divided equally if there is more than one eligible child, for a 5-year guarantee period.
- If, after the end of the 5-year guarantee period, a child is considered an eligible child, they will receive 60% of your earned monthly pension (adjusted for the bridge benefit, if applicable) until they are no longer considered eligible. The death benefit will be divided equally if there is more than one eligible child.
Note: If all your eligible children 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.