People or charities can be named beneficiaries. If you name a charity, you must use the full name and charitable organization number rather than a person's name.
If you are naming a minor or a dependent adult, you might want to name a trustee to look after the funds on their behalf. If you do not name a trustee, a trustee from Alberta's Office of the Public Guardian and Trustee will be appointed.
You can use your Will to tell us who your beneficiary is, but it must refer to either MEPP or your employment-based pension plans.
If you do not have a pension partner (or if your pension partner completes a waiver), and you have not named a beneficiary, funds will be paid out to your estate.
Consider seeking independent legal and financial advice from professionals when you are making these decisions.