HUM-0610 Pension: Individual Beneficiary Entitlements
Description |
A record of the pension entitlements of individual employees including initial enrolment, the decisions made by an employee regarding optional contributions and beneficiaries over time and any correspondence with the member. Records of the value of entitlements are kept by the 3rd party service provider, including the record of payment of entitlements following retirement or the end of employment. Excludes HUM-0600 Pension: Plan Administration, HUM-0620 Pension: Summary of Individual Beneficiaries |
Retention Trigger |
Beneficiary no longer has an entitlement under the plan |
Retention |
If a summary is retained: Trigger + 7 If no summary is retained: Permanent |
Responsible Unit(s) |
Human Resources |
Source |
Employee submitted forms, 3rd party service provider, Human Resources |
Records System |
Hybrid |
Citations |
Pension Benefits Act, R.S.O. 1990, c. P.8 s25-31 Regulation 909, R.R.O. 1990 |
Record Authority |
VP Human Resources and Services |
Disposition |
Secure destruction |
Records Arising from Activity |
|
Retention Rationale |
FSCO allows the disposition of these records provided a summary is retained. |
Personal Information |
Yes |
Vital Record |
No |
Protection |
High |
