Other events

  • Certain events can have an impact on your simplified pension plan. What will happen if, for example, your job ends, you leave your job temporarily, or there is a death, separation or disability. We want you to know what happens to the amounts credited to your locked-in and not locked-in accounts when one or the other of those events occurs.
  • If you die, you should know who will be entitled to the amounts credited to your accounts and how payments will be made.
  • If you separate (divorce, legal separation or de facto separation), you can share with your former spouse the amounts credited to your locked-in and not locked-in accounts, but you need to know that certain conditions apply.
  • If you become disabled, you can receive a refund of the amounts credited to your locked-in and not locked-in accounts. (Certain conditions apply.)

Other situations

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