Who you can name as a beneficiary
Learn who you can name as a beneficiary to receive your pension benefit when you die.
Name beneficiaries in your will
You can use your will to state how you want your pension benefit distributed. When you name beneficiaries in your will, BC's College Pension Plan pays the benefit directly to these named beneficiaries.
In order for us to administer your pension benefit through your will, your will must:
- Name the College Pension Plan
- State how you want your pension benefit divided
- List your beneficiaries and any alternate beneficiaries, including the percentage of the pension benefit allocated to each – the percentages must add up to 100 per cent
If you've named a beneficiary(ies) in both your will and the forms you've submitted to the plan, we will use the most recently dated document as the valid document.
You may wish to speak with a lawyer or estate planner to discuss your options.