Marriage (after retirement)


Is my new spouse entitled to the survivor pension if I die?

No. Only your spouse on date of retirement is entitled to Joint Life survivor benefits. If you had chosen a Joint Life form of pension with a guarantee, and your spouse on date of retirement has predeceased you, any benefit payable upon your death will be paid to your beneficiaries.

Can I designate my new spouse as a beneficiary?

Yes, you may designate your spouse as a beneficiary. However, once you've retired, your beneficiaries are only entitled to a benefit upon your death if:

  • you elected a Single Life form of pension and the guarantee has not yet expired; or
  • you were predeceased by your spouse and elected a form of pension that included a guarantee which has not yet expired.

How is my SHEPP death benefit divided if I designate more than one beneficiary?

If you are not survived by a spouse, and you designate more than one person as your primary beneficiary, any benefit payable will be paid in equal shares to all of your named primary beneficiaries. For example, if you designate three primary beneficiaries, each will receive a one-third share of the benefit. If any of your primary beneficiaries predecease you, any benefit payable will be shared equally among the surviving named primary beneficiaries. For example, if you designate three primary beneficiaries and one predeceases you, your death benefit will be paid in equal shares to the two surviving beneficiaries. If all of your primary beneficiaries predecease you, then the benefit will be paid in equal shares to all of your named contingent beneficiaries.

How do I designate a beneficiary?

You can change your beneficiary designation as often as you wish. Simply complete and submit a new Designation of Beneficiary form. Your beneficiary request will take effect once a completed beneficiary designation form has been received by SHEPP, and will replace any previous beneficiary designations.

For more information refer to the Designating Beneficiaries - Post-Retirement Information Sheet.