HUM-0620 Pension: Summary of Individual Beneficiaries

Description	A summary record of the beneficiaries who no longer have an entitlement under the pension plan because their benefit has been paid otherwise transferred out. This summary provides confirmation that the entitlement under the plan has been settled.  Includes completed enrolment form, employee’s name, plan membership entry date, date of end of employment or retirement, vested status, disclosure made to the member at end of employment, beneficiary designations, record of amount and date of payment.  For records of pension plan administration, see: HUM-0600 Pension: Plan Administration.  For records of individual beneficiaries, see: HUM-0610 Pension: Individual Beneficiary Entitlements
Retention Trigger
Retention	Permanent
Responsible Unit(s)	Human Resources
Source	Human Resources, 3rd party service provider
Records System	Paper
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	Completed enrolment form, employee’s name, plan membership entry date, date of end of employment or retirement, vested status, disclosure made to the member at end of employment, beneficiary designations, record of amount and date of payment.
Retention Rationale	This record series consists of the most basic information recommended by FSCO for permanent retention.
Personal Information	Yes
Vital Record	No
Protection	High