How to change your beneficiary after retirement

Find out if you are eligible to change your beneficiary after you retire – and what you need to do.

Your ability to change your beneficiary after retiring depends on if you have a spouse and the pension option you selected when you applied for your pension from BC's Public Service Pension Plan.

Are you eligible?

If you selected a 100% joint life pension option

If you selected a 100% joint life pension, your spouse must be your beneficiary.

If you selected a joint life pension option with a guarantee

If you selected a joint life pension with a 5-, 10- or 15-year guarantee, you can name an alternate beneficiary(ies) to receive your pension benefit should your spouse die before you during the guarantee period.

If you selected a single life pension option

If you selected a single life pension with a 5-, 10- or 15-year guarantee, you can change your beneficiary if the guarantee period has not expired. If your beneficiary is currently your spouse, they may need to complete a waiver. Contact the plan for more information.

How to change your beneficiary

If you are eligible, change your beneficiary(ies) online through My Account or by submitting a Change of beneficiary (for retired member) form to the plan.

If you are divorced or separated, all beneficiary nominations must comply with any separation agreements or court orders.

If you are naming more than two beneficiaries or wish to name alternate beneficiaries, include this information on a separate sheet and attach it to the form.