Forms

You are permitted to designate a person(s) who will receive payment of benefits in the event of your death.  You designate a beneficiary (or make changes to your previous designation) by completing an “Employee’s Beneficiary Change Form.”  The completed form must be sent to our Honolulu Service Center.

To ensure that death benefits under the Plan are paid to the individual(s) of your choice, you should periodically review your beneficiary designation(s) and determine whether any changes are appropriate.  This is especially true if you have a life change event (e.g. marriage, birth of a child, divorce or death).

It is important to note that with respect to the beneficiary(ies) you have designated:

• If you have a change in status, your designation is not automatically updated. For example, if your spouse is your beneficiary, that designation is not void as a result of your divorce.  Your ex-spouse would remain your plan beneficiary until you make a change to your designation.
• The beneficiary you designate under this Plan is separate from any designation you may have made under any other program in which you participate. If you do not designate a beneficiary under this Plan, in the event of your death, benefits will be paid to your estate.

FORMS

• Beneficiary Designation
• Incoming Rollover/Transfer 
• Participation Agreement