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Human Resources Services1280 Main Street West Hamilton, Ontario, Canada L8S 4L8Phone: 905.525.9140 www.workingatmcmaster.caPENSION SPOUSAL STATUS & BENEFICIARY DESIGNATION From This Form may be used
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Pension plans for humans are retirement savings vehicles that individuals contribute to during their working years in order to provide income during their retirement years.
Employers are generally required to file pension plans for their employees.
Pension plans can be filled out by employers or individuals, depending on the type of plan. Employers typically handle the paperwork for employer-sponsored pension plans.
The purpose of pension plans is to provide retirement income for individuals once they have stopped working.
Pension plans typically require information on contributions, investments, and benefits provided.
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