Submit a form to reduce your death (survivor) benefit after retirement

Send us a form that allows you, as the spouse of a plan member, to reduce (or waive) your pension benefit should your spouse die after retiring.


Complete a form to give up or reduce your right to a survivor (death) benefit

  1. Print Form 2 Spouse’s waiver of 60% lifetime survivor’s benefit and/or beneficiary rights from a pension plan or annuity after payments start
  2. Complete it in the presence of a witness within 90 days of your spouse's pension effective date; your spouse (the plan member) must not be present when you complete the form
  3. Fill in your contact information as spouse, your spouse's contact information as member/former member and the following information for the plan:
    • Municipal Pension Plan
      P.O. Box 9460
      Victoria, BC V8W 9V8
      Provincial registration number: P085497
  4. Initial the box next to Waiver A
    • if your spouse chose a joint life option, check the "lifetime payments that are ___%" box and enter the percentage (less than 60%) that you want to receive
    • if your spouse chose a single life option, check the "Payments during the ___-year guarantee period" and enter the number of years you want to be covered over the remainder of the guarantee period should your spouse die before the end of the pension’s guarantee period
  5. if you also want to give up your beneficiary right to your spouse's pension, initial Waiver B
    • note: you can initial Waiver B after your spouse has retired if all of the following apply:
      • your spouse chose a single life pension with a guarantee period
      • the guarantee period hasn't expired
      • you are currently listed as the beneficiary
  6. Sign and date the form
  7. Have your witness sign the form
  8. Submit the form to BC's Municipal Pension Plan with your spouse’s retirement application
 

Submit the form

  1. Sign and date the form
  2. Ask your witness to also sign and date it; this must occur on the same day
  3. Submit the form to the BC Municipal Pension Plan with your spouse’s retirement application

Eligibility

Complete this form when your spouse (the plan member) is within 90 days of their pension effective date.

If your spouse (the plan member) is still working and you want to give up your right to a pre-retirement survivor (death) benefit, submit Form 4 instead.

Required information
  • Your and your spouse's contact information
  • The name, address and provincial registration number of the plan:
  • Municipal Pension Plan
    P.O. Box 9460
    Victoria, BC V8W 9V8
    Provincial registration number: P085497
  • A witness to sign and date the form

Download the form: Form 2 Spouse’s waiver of 60% lifetime survivor’s benefit and/or beneficiary rights from a pension plan or annuity after payments start from the Financial Institutions Commission of British Columbia website