POLICY NUMBER: 3. 6. 7

Effective Date: February 1, 1996
Date Issued: December 15, 1995
Date Approved by Board of Directors: March 2, 1995
Topic: Apportionment Where More Than One Spouse Qualifies
Section: Short-Term and Long-Term Benefits
Subsection: Annuities

Policy Statement

1. Where the Board apportions a survivor pension among more than one surviving spouse [pursuant to Section 63(2)], annuity contributions will be made for each spouse, based on five percent of the value of the survivor pension payable to each spouse.

2. Once one spouse ceases to quality for the survivor pension the whole of the survivor pension will be reapportioned among the remaining surviving spouses. Annuity contributions will then be based on five percent of the reapportioned amount payable to each remaining spouse.

Application

This Policy applies to workers injured on or after March 23, 1990.

References

Workers' Compensation Act (Chapter 10, Acts of 1994 - 95), Sections 63(2) and 66(1).