Common use of Optional Forms Clause in Contracts

Optional Forms. If you feel that your needs would be better served by a different form of annuity than that normally payable, you may elect to have the pension paid in an optional form of annuity which must be permitted by Government Legislation. If you have a spouse, an optional form may only be elected if the above spousal waiver conditions have been met.

Appears in 2 contracts

Sources: Collective Agreement, Collective Agreement