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The application process for the one-time Pension Withdrawal of up to $6,000 per the COVID-19 Pension Act Amendment is open. Click here for details or to apply
For questions regarding the pension withdrawal, call +1 441 298 0358 or email customercare@bfm.bm

Back to FAQs

What is a beneficiary and how can an employee’s beneficiaries be verified or changed?

Your beneficiary should be someone dependent on you for financial support such as a spouse or child. 

You can designate more than one person as your beneficiary and decide how you wish the benefit to be divided. You should review your beneficiary designation regularly and, if your circumstances change, you can change your beneficiary. Only you can make changes to your designated beneficiary.

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