What Happens to My Pension When I Die?

If you die after your pension payments have begun but before you have received 60 monthly payments, your designated beneficiary will continue to receive monthly benefit payments until a total of 60 monthly payments are made. In addition, a lump sum death benefit may be payable, depending on your circumstances when you die. (This is why you must complete and submit a beneficiary card when you first start working.)

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Related Sites

Bahamas Hotel Industry Management Pension Fund

The Government of the Bahamas

Bahamas Financial Services Board