9 www.iambfo.org HOW TO DESIGNATE YOUR BENEFICIARY The designation of your beneficiary(ies) during the pension application process or as a pensioner is an important part in ensuring applicable benefit coverage in the event of your passing. When designating or changing your beneficiary(ies) it is important to remember: 9 Your beneficiary must be a person; you cannot designate your estate as a beneficiary. 9 If you are not receiving a pension benefit from the IAM National Pension Fund (the “Fund”) and want to update your beneficiary(ies): › You may update it online via your IPASS account or by completing the Beneficiary Designation Form (PDF) and returning to the Benefit Funds Office. 9 If you are receiving a pension benefit from the IAM National Pension Fund: › If you were married at the time you began receiving your benefit payment and want to change your beneficiary(ies), you may only do so by completing and returning the Change/Election of Designation Beneficiary Form (PDF) to the Benefit Funds Office. Your spouse must provide signature and have it notarized in order to make beneficiary change(s). › If you are not married, you can update your beneficiary(ies) online via your IPASS account or complete and return the Change/Election of Designation Beneficiary Form (PDF) to the Benefit Funds Office. A Beneficiary Designation Form (PDF) can be obtained by clicking HERE. A Change/Election of Designation Beneficiary Form (PDF) for those receiving a benefit can be obtained by clicking HERE. Alternatively, you may request a form by email, [email protected], or by calling the Benefit Funds Office at 800-424-9608. The form can be returned to the Fund by emailing [email protected], or by mailing to: IAM National Pension Fund Attn: PENSION DEPARTMENT 99 M ST SE STE 600 Washington, DC 20003 OVERVIEW OF SURVIVOR BENEFIT STEPS The IAM Benefit Funds Office understands that the passing of a loved one is a difficult time and stands ready to assist you. Contact Customer Service at 800-424-9608 to report the passing of a Fund participant, retiree, or a beneficiary receiving a benefit. Upon notification, we will take the following steps to determine the appropriate beneficiary(ies) and award applicable survivor benefits. PRE AND POST RETIREMENT SURVIVOR BENEFITS Pre-Retirement Benefit (For a participant was not receiving an IAMNPF pension benefit at the time of their passing) 9 If you are the spouse, the beneficiary and/or next of kin, contact the Benefit Funds Office to request a Pre-Retirement Death Benefit Application. Beneficiary Designation and Survivor Benefit Steps BENEFITS SPOTLIGHT | FALL 2021