Designating your beneficiary(ies) is an important part of your enrolment in YOUR BENEFITS. By completing the beneficiary designation process and keeping your records up to date, you:

• Have control and security. You decide where your benefit payments will go and make sure that your loved ones have financial protection in the event of your death.
• Avoid estate probates. Estate taxes can be a big expense and slow down how quickly your loved ones get the money.
• Make sure your benefit payments go straight to your loved ones. The money goes directly to the people you named and is safe from creditors.