Regulatory Alerts2021-11-10
RF.S.5.11 Alternative Forms of Payment of Pensions for DC Funds
The regulator issued this guidance to clarify permissible methods for distributing pension benefits from defined contribution funds. It establishes eligibility criteria and procedural requirements for alternative payment options, including lump sums and income drawdown. Fund administrators must align their distribution processes with these standards to ensure regulatory compliance and accurate benefit delivery.
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Create Date November 10, 2021
Last Updated October 22, 2024
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