s.40Benefit paid to designated beneficiary or estate if no surviving spouse or children
40
Section 40Part 5Pension Benefits

Benefit paid to designated beneficiary or estate if no surviving spouse or children

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If a participant dies with no spouse and no children surviving him, the amount payable under sections 35 and 37 shall be paid in a single lump sum to the participant's designated beneficiary, or if his designated beneficiary has predeceased him, the amount shall be paid in a single lump sum to his estate.

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