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  • Designation Of Beneficiaries Form - Alberta Pensions Services ...

Get Designation Of Beneficiaries Form - Alberta Pensions Services ...

Ete this form, take a copy for your records and send the original to Alberta Pensions Services Corporation (APS), 5103 Windermere Blvd SW, Edmonton AB, T6W 0S9. I, first name middle name last name pensioner number a pensioner under the Public Service Management (Closed Membership) Pension Plan, designate: first name middle name last name relationship as my beneficiary(ies), of address city province and first name middle name last name relationship as my beneficiary(ies), of add.

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You do not need to designate a beneficiary unless you want to name some person or persons not listed above or you want the payment to be made in a different order.

You may designate any person, or a trust or organization, to receive your ordinary death benefit — it does not have to be a family member. You can designate two types of beneficiaries — primary and contingent. A primary beneficiary is the person who receives your death benefit.

This Designation of Beneficiary form is used to designate who is to receive a lump-sum payment which may become payable after your death. It does not affect the right of any person who is eligible for survivor annuity benefits.

You'll need to notify your pension provider about nominating a pension beneficiary. That way, your provider will know who you'd like your pension savings to go to after you've gone. You'll often need to fill out a death benefit nomination or expression of wish form to add a beneficiary.

Most life insurance policies have a default order of payment if you do not name a beneficiary. For many individual policies, the death benefit will be paid to the owner of the policy if they are different than the insured person and still alive, otherwise it will be paid to the owner's estate.

If you decide to have more than one beneficiary, you will allocate a percentage of the death benefit for each, so that the total allocation equals 100%. A simple example of this would be allocating 50% to your partner, and 25% to each of your two children, for a total of 100%.

Unless a valid beneficiary designation is in effect at the time of death, benefits are paid to the closest surviving family members in the following order: Spouse or registered domestic partner. Children (natural or adopted) Parents.

By having a current beneficiary on all your accounts, you leave no doubt as to what you wish to be done with your hard-earned money or insurance proceeds. 2. It saves time. If you die and have not named a beneficiary, this will delay the transfer of whatever funds are in those accounts.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232