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Shortened Life Expectancy

7.12 - Notwithstanding any other provision herein, in the event a Person who is receiving a pension from the Plan, or a former Participant who is entitled to a defined Vested Benefit under the Plan, has an illness or physical disability that is likely to shorten his or her life expectancy to less than two (2) years, the Person or former Participant shall be permitted to apply for a withdrawal from the Trust Fund of the Commuted Value of the Person’s pension or defined Vested Benefit, provided:

  • an application for a withdrawal which has been signed by the Person or former Participant is submitted to the Employer;
  • the application is supported by the following documentation:
    • a statement signed by a medical doctor licensed to practice in Canada that the Person or former Participant has an illness or disability that is likely to shorten his or her life expectancy to less than two years;
    • a signed declaration by the Person’s or the former Participant’s Spouse providing a consent to the withdrawal, or where the Person or former Participant does not have a Spouse, a statement signed by the Person or former Participant that he or she does not have a Spouse, or is living separate and apart from such Spouse at the date the application to the Employer is made; and
  • the spousal declaration in support of the application described in Section 7.12(b)(ii) is received by the Employer within sixty (60) days of its being signed.