Other Information

Beneficiary Designation and Survivor Benefits

As required by the Retirement Equity Act of 1984, if you are married and if you are vested in a pension benefit, your spouse is automatically entitled to survivor benefits. If you are married and you and your spouse do not wish that survivor benefits be provided, your spouse may voluntarily consent in writing to waive rights to any benefits. This consent must be witnessed by a Notary Public. If you are a spouse of a participant, you are not required to sign a waiver, but if you do, you need to be aware that execution of a waiver of survivor benefit will result in a forfeiture of your interest in the participant’s pension benefit. Consult knowledgeable professionals if you are asked to sign documents related to survivor benefits.