Section 37C of the Pension Funds Act places a clear and onerous duty on the board of trustees to determine the fair and equitable distribution of death benefits of fund members. The first step is to find and identify dependents. This article provides an overview of the different types of dependents, as well as
nominated beneficiaries.
All our content is made possible through the valued support of our Consumer Financial Education (CFE) funding partners.
All content is for general educational purposes and does not constitute formal financial advice. Always consult a qualified, licensed financial professional before making any financial decisions.