What is a Spouses Waiver Form?
A spouse’s waiver form allows the member to designate someone other than their spouse to be the beneficiary of their pension survivor benefits. Legislation stipulates that a member’s spouse must be the beneficiary in the event of the member’s death. By completing the waiver the spouse (common-law, legally married, or estranged) may waive all or a portion of their right to survivor benefits in the event of the member’s death. The member may then designate anyone he/she wishes as beneficiary to the survivor benefits waived by the spouse. See the PEPP Talk…on Waiver of Spousal Benefits for detailed information on a spousal waiver.
