Supplementary Death Benefit Regulations

26 (1) A participant may, for the purposes of Part II of the Act, name up to five beneficiaries.

(2) For the purposes of Part II of the Act, a beneficiary may be any of the following:

• (a) the estate or succession of the participant;

• (b) an individual;

• (c) a registered charity, as defined in subsection 248(1) of the Income Tax Act.

(3) In order to name a beneficiary, the following information must be submitted in writing to the Minister and be accompanied by an attestation that is dated and signed by the participant and that confirms that the information is complete and accurate:

• (a) the full name of the participant, their date of birth and either their personal record identifier or their pension number;

• (b) if the participant is naming their estate or succession, a reference to that effect;

• (c) if the participant is naming an individual, the full name of the individual and their date of birth; and

• (d) if the participant is naming a registered charity, its name and registration number with the Canada Revenue Agency.

(4) The naming is effective on the day on which the participant signs the attestation if it is received by the Minister before the death of the participant.

(5) In cases where the attestation is not received by the Minister before the death of the participant, the naming is effective on the day on which the participant signs the attestation if

• (a) the receipt of the attestation by the Minister was delayed for reasons beyond the control of the participant; and

• (b) the attestation is received before the payment of any benefit under Part II of the Act.

(6) If a participant has named more than one beneficiary and the information submitted with respect to one of those beneficiaries is illegible or incomplete, or does not refer to the estate or succession of the participant, an individual or a registered charity, as defined in subsection 248(1) of the Income Tax Act, the validity of the naming with respect to the other beneficiaries will not be affected.

(7) Any naming will revoke any previous naming.