Changing Your Pension Option

The Teachers' Pension Plans Act does not allow for a change to the pension option you selected.

If you have chosen a Joint Life pension option, your spouse/pension partner at the time you started your pension is your nominee. You cannot change your nominee regardless of circumstance, e.g. change of marital status.

If you have chosen a Single Life pension with a guarantee period of 5, 10 or 15 years, you may change your beneficiary at any time until the guarantee period expires.

Remember the pension is always payable for the lifetime of the pensioner.