Beneficiaries and your pension

Learn the options available to you when choosing a beneficiary (or beneficiaries) for your pension benefit.

Naming alternate beneficiaries

You may want to name an alternate beneficiary or beneficiaries in case a beneficiary dies before you.

For example, if your spouse dies before you, and you have listed your two children as alternate beneficiaries, they may receive a death benefit from BC's Teachers' Pension Plan when you die.

You can name more than one alternate for each beneficiary. You can also allocate a different percentage of your pension benefit to each alternate beneficiary. However, the total percentage for the alternate beneficiaries must equal the amount given to the original beneficiary.

Image for beneficiaries, how amounts for alternates are allocated

If an alternate beneficiary dies, you may want to name one or more new alternate beneficiaries. If you do not have any named beneficiaries at the time of your death, your estate will automatically be your beneficiary.