Who you can name as a beneficiary

Learn who you can name as a beneficiary to receive your pension benefit when you die.

1. Name a trustee for your beneficiary

3. Name a trust as your beneficiary

5. Name beneficiaries in your will

2. Name an organization as your beneficiary

4. Name your estate as your beneficiary

Name beneficiaries in your will

You can use your will to state how you want your pension benefit distributed. When you name a beneficiary or beneficiaries in your will, BC's Teachers' 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 Teachers' 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 or beneficiaries 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.