Shortened Life Expectancy Withdrawal. The Annuitant may withdraw all or part of the money in the Fund as a lump-sum or series of payments, in accordance with section 9 of the Directive, if the following conditions are met:
i) if a medical practitioner certifies that due to mental or physical disability the life expectancy of the Annuitant is likely to be shortened considerably; and
ii) if the Annuitant is a former member of a pension plan such payment may only be made if the Spouse of the Annuitant has waived the joint and survivor pension entitlement in the form and manner required by the Superintendent.
Shortened Life Expectancy Withdrawal. Upon application in accordance with section 8 of Schedule 3 of the Regulation, the Annuitant may withdraw all or part of the money in the Account if the following conditions are met:
i) At the time of execution of the application, the Annuitant has an illness or physical disability that is likely to shorten the Annuitant’s life expectancy to less than two years;
ii) The application is signed by the Annuitant and accompanied by a statement signed by a physician who is licensed to practice medicine in a jurisdiction in Canada that, in the opinion of the physician, the Annuitant has an illness or physical disability that is likely to shorten the Annuitant’s life expectancy to less than two years.
Shortened Life Expectancy Withdrawal. The Annuitant may withdraw all or part of the money in the Account and receive a payment or a series of payments upon application by the Annuitant to the Trustee in accordance with section 29(9) of the Regulation, where a physician certifies that his physical or mental disability reduces his life expectancy;
Shortened Life Expectancy Withdrawal. The Annuitant may withdraw, in whole or in part, the balance of the money in the Account, upon application by the Annuitant to the Trustee in accordance with paragraph 21(2)(d) of the Regulation and if the following conditions are met:
i) a physician certifies in writing to the Trustee that the Annuitant suffers from a significant physical or mental disability that considerably reduces life expectancy; and
ii) if the Annuitant has a Spouse or common-law partner, the Annuitant delivers to the Trustee a completed spousal or common-law partner waiver on Form 3.01.
Shortened Life Expectancy Withdrawal. The Annuitant may replace in whole or in part the deferred pension under an annuity by a payment or a series of payments and the amount of the payment or the present value of the series of payments, as the case may be, shall not be less than the present value of the deferred pension if the following conditions are met before the commencement of payments under the annuity:
Shortened Life Expectancy Withdrawal. The Annuitant may replace in whole or in part the deferred pension under an annuity by a payment or a series of payments and the amount of the payment or the present value of the series of payments, as the case may be, shall not be less than the present value of the deferred pension if the following conditions are met before the commencement of payments under the annuity:
i) a physician certifies in writing to the Trustee that the Annuitant suffers from a significant physical or mental disability that considerably reduces life expectancy; and
ii) if the Annuitant has a Spouse or Common-law partner, the Annuitant delivers to the Trustee a completed spousal waiver on Form 3.01.
