Pension benefit payout

[Guest JD698]

A participant in a Money Purchase Pension Plan has been on disability for almost 1 year. He was officially terminated 6 months after he went out on disability. He has made a request for a lump sum payout.

According to the collective bargaining agreement covering this participant, he is entitled to receive 1 year of health and prescription benefits while on disability. The 1st 6 months of contributions are made by the employer and the remaing 6 months of contributions are made by the union.

Should the date the waiting period begins be the date he was officially terminated or should it be the date the employer stops making contributions or the date the union stops making contributions? Or some other date.

If anyone has any answers, please reply ASAP as I am under a strict deadline here.

[Harwood]

What waiting period are you referring to?