Guest jgroves Posted October 6, 2000 Posted October 6, 2000 In a retirement plan, a participant must have their spouse listed as primary beneficiary unless that spouse choses to waive that right and notarizes the appropriate paperwork. That being said, lets switch to a company that allows Same Sex Domestic Partner Benefits (which I am very much for)for it's employees. The employee signs an affidavit stating that the other person is their domestic partner and so forth. I know legally that they are not considered married, however, in a sense by signing the affidavit they are saying "if we could get married, we would". The questions (which I already know the legal answer) then is could an employer force that person to name their Same Sex Domestic Partner as primary beneficiary and, on the flip side, could a surviving domestic partner use this thinking to sue for benefits that may have not been left to them. Looking more for discussion than "no, the plan can't" responses.
KIP KRAUS Posted October 11, 2000 Posted October 11, 2000 I have never seen a pension plan that had a death benefit to anyone but a surviving spouse. To be honest, I don't know why an employer would want to pay the extra contributions to provide a death benefit to anyone other than a surviving spouse. I speak of course about the typical defined benefit pension plan. In 401(k) plans, a single person can name whom ever he/she wants to as beneficiary.
david rigby Posted October 11, 2000 Posted October 11, 2000 Some prior discussions might be useful. http://benefitslink.com/boards/index.php?showtopic=7011 I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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