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Before submitting the form, create a copy for your records. It's always a good idea to keep a copy of any completed forms or documentation for future reference.
Who Needs DB PFI:
01
Individuals who are applying for a Defined Benefit (DB) pension plan or making changes to an existing DB plan may need to fill out a DB PFI.
02
Employees who are eligible for a DB pension plan offered by their employer may be required to complete a DB PFI to access their pension benefits.
03
Retirees or individuals who are transitioning from employment to retirement and need to initiate their pension payments or update their pension details may also need to fill out a DB PFI.
Overall, anyone involved in a DB pension plan, whether it is the plan participant or their representative, may need to complete a DB PFI to ensure accurate administration and processing of their pension benefits.
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