In the event of your death from any cause, your beneficiary would receive benefits equal to the amount in effect on your last day of work.
If you retire with at least two years of service and take an immediate pension, coverage reduces by 10% (of your full coverage in effect on your 61st birthday), on April 1 or October 1 immediately following your 61st birthday and every year after that, until is reaches a minimum of $5,000.
If you leave NAV CANADA and defer your pension coverage reduces by 10% (of your full coverage in effect on your 61st birthday), on April 1 or October 1 immediately following your 61st birthday and every year after that, until it reaches reduces to $0 at age 70 (the minimum coverage of $5,000 does not apply).