3.10 Declaring a Spouse and Designating a Beneficiary |
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When new members receive their Welcome package from HOOPP it will include instructions to contact HOOPP to name a beneficiary or beneficiaries and to inform HOOPP if they have a qualifying spouse.
Under provincial pension legislation, a member's qualifying spouse is entitled to receive spousal benefits upon the member's death. If the member has no qualifying spouse, spousal benefits have been waived, or both the member and spouse have passed away, the member’s designated beneficiary(s) will be entitled to any remaining benefit. Members should complete the beneficiary designation and spousal declaration process to instruct HOOPP who should be entitled to any benefits in the event of the member’s death. Information about these survivor benefits and the process of designating beneficiaries is found in The HOOPP Handbook and on hoopp.com.
Members are asked to keep their beneficiary designation and spousal information up to date and can do so any any time, through HOOPP Connect or by using the forms available on hoopp.com.