DEFINED CONTRIBUTION SUPPLEMENT

TO THE MICHIGAN UPPER PENINSULA

INTERNATIONAL BROTHERHOOD OF

ELECTRICAL WORKERS PENSION PLAN

 

 

BENEFICIARY DESIGNATION

PLAN DEATH BENEFITS

 

I, ______________________________________________________, SS# _________________________________

 

hereby designate the following as my PRIMARY BENEFICIARY under the above-named Plan:

 

 

_______________________________________________________   SS# __________________________________

Primary Beneficiary’s Name

 

 

_______________________________            _________________________________

Birth Date                                                          Relationship to me

 

 

If the Primary Beneficiary does not survive me or survives me, but dies before actual payment in full of my beneficial interest, or if there be no

 

named Primary Beneficiary, the remaining portion of my beneficial interest shall be paid in equal shares to such of the following

 

CONTINGENT BENEFICIARIES who survive me:

 

NAME______________________________________SS#__________________Birth Date____________ Relationship to me_____________

 

  

NAME______________________________________SS#__________________Birth Date____________ Relationship to me_____________

 

 

NAME   _____________________________________SS#__________________Birth Date____________Relationship to me _____________

 

 

NAME_______________________________________SS#_________________Birth Date___________ Relationship to me______________

 

 

If none of the beneficiaries named above survive me, the remaining portion of my beneficial interest shall be distributed according to the terms

 

of the Plan.

 

 This form constitutes a revocation in full of any Beneficiary designations previously made by me and may be changed or revoked by me at any

 

time, provided that such subsequent designations be in writing and filed with the Board of Trustees no later than 10 days after my death.

 

 

Date_______________________                    Signature of Participant______________________________________

 

                                                                                                                                                                                                   CONTINUED

 

 

 

 

PAGE 2

SUPPLEMENT TO MICH. U.P. IBEW PENSION PLAN

BENEFICIARY DESIGNATION

 

 

 

SPOUSAL CONSENT TO BENEFICIARY DESIGNATION

(For Married Participants Only)

 

 

(Your spouse must consent if you designate someone other than your spouse as your beneficiary)

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As the spouse of the participant named above, I hereby consent to the above designation of a beneficiary to receive my spouse’s death benefits

 

under the Defined Contribution Supplement to the Michigan Upper Peninsula International Brotherhood of Electrical Workers Pension Plan. 

 

further, I hereby acknowledge (1) that the effect of my consent may be to forfeit benefits that I would otherwise be entitled to receive upon my

 

spouse’s death; (2) that my spouse’s designation is not valid unless I consent to it; and (3) that my consent is irrevocable.

 

 

Date _________________       Signature of Spouse ___________________________________________

 

 

NOTARIZATION

 

NOTE:  NOTARIZATION IS REQUIRED ONLY FOR THE SPOUSE OF A MARRIED PARTICIPANT IF THE SPOUSE IS NOT THE BENEFICIARY.  THE PARTICIPANT’S SIGNATURE NEED NOT BE NOTARIZED.

 

 

STATE OF ________________________)

                                                                                 ) SS

COUNTY OF ____________________________ )

 

Personally came before me this ____________day of ____________________, 20_____, the above-named ____________________________

to me known to be the person who executed the foregoing Spousal Consent to Beneficiary Designation and acknowledged the same.

 

 

_________________________________________________

 

Notary Public, State of ______________________________

 

My Commission ___________________________________

 

                               

                                       (Notaries Seal)

 

 

 

Acknowledged and recorded on _________________________, 20_______, by the Board of Trustees

 

Authorized Signature_________________________________________________________________