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Designate a beneficiary
Designating your beneficiary is very important, even if you have not yet begun to receive pension payments. PBGC makes three
distinct types of payments to beneficiaries.
- Survivor benefits. If you chose an annuity form that provides survivor benefits, PBGC will pay them to the person that you
designated. Please note if you are receiving a joint-and-survivor annuity, you cannot change the beneficiary designation you made at the time you applied for benefits.
- Preretirement survivor benefits. If you are married and die before you begin receiving pension payments, PBGC will pay survivor benefits
to your surviving spouse.
- Unpaid amounts owed to you at the time of your death. If, for example, after your death PBGC discovers that we had been paying
you too little each month, we will pay the balance owed plus interest to a beneficiary. If your benefit does not provide survivor
benefits, you may still name someone to receive any money that may be owed to you at the time of your death.
If you are eligible to receive, or are receiving, payments as the beneficiary of a deceased plan participant, it is important
that you also designate a beneficiary.
OR
- Print one of these forms, complete it and mail it to PBGC:
OR
- Call PBGC's Customer Contact Center to request a beneficiary designation form.
- Call at 1-800-400-7242. For TTY/TDD users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected
to the number above.
- Remember to have your social security number, plan name and case number ready for the customer service representative so that
they are better able to help you.