Don't give up the pension you worked hard for!

The Pension Max Program allows healthy, non-smoking retirees to provide for their family for generations instead of their pension benefits ending when the pensioner and/or spouse dies. Members who qualify for the program will choose the Single Life Payout option and invest the difference in payout from the joint with survivor option in a life insurance policy.

The spouse is the beneficiary of the life insurance policy, so when the pensioner dies, the death benefit goes to the spouse. If the surviving spouse only spends the interest, the lump sum goes to the next generation tax-free.

Contact ULTRA before choosing between the Single Life Payout or Joint with Survivor Option at retirement.

Maximize pension benefits by continuing benefits for your spouse and future generations.