Claim a death benefit
If you are entitled to a death benefit, the plan will send you a form to sign and return.
Once we receive and review your declaration form, we will send you, as the named beneficiary or executor:
- A Pre-retirement death benefits statement if the plan member died before retiring
- A Survivor pension benefits application if the plan member died after retiring
These statements explain the death benefit you are entitled to and how you will be paid. You must complete and return them to the WorkSafeBC Pension Plan.
This authorizes the plan to pay the death benefits, or a portion of the death benefits if multiple beneficiaries have been named. We will deduct taxes from the death benefit payment.
Before we can finalize the payment of death benefits, we require:
- For members not yet retired, proof of age to determine eligibility and calculate the amount of the benefit entitlement (this is not required for retired members)
- For each beneficiary,
proof of identity, such as a copy of a driver's licence or passport
- if an organization has been named as a beneficiary, its Canada Revenue Agency number before we can issue payment
- If the member's current name is different from the name on the proof-of-age document, copies of change-of-name documents, such as a marriage certificate, adoption papers, a passport or legal name change documents
- A monthly pension
- A lump-sum payment equal to the greater of your contributions plus interest or the commuted value of your accrued pension benefit
If you die before you retire and after your earliest retirement age of 55, your spouse is eligible for a monthly pension only.
If you do not have a spouse or your spouse has given up their beneficiary right to your pension, your beneficiary is eligible for a lump-sum payment equal to the greater of either:
- Your contributions plus interest
- The commuted value of your accrued pension benefit
We will deduct taxes from the death benefit payment.