•In
the event of a member's death, his or her spouse receive a pension or other
benefit. If there is no surviving spouse, a benefit can be paid to a designated
beneficiary or to the member's heirs.
•The
benefits accumulated in a plan cannot be seized, except in a few cases, such as
a seizure to alimony or child support or for the purpose of partition of family
patrimony.
•The
pension fund does not belong to the employer; it cannot be seized if the
business goes bankrupt.
•
No comments:
Post a Comment