Death in retirement

If you die after taking your pension, your benefits may be paid to your spouse, civil partner or dependant.

How this benefit works will depend on which section of the Scheme you’re in. Please select the section relevant to you below for more information. If you’re unsure of the section you’re in, please visit the Member Portal

Staff

Pension guarantee

Your pension, excluding any early retirement supplement, is guaranteed for five years.

If you die within five years of commencement of your pension, the remainder of the five years’ pension payments is paid.

The Trustee has discretion as to whom the payment is made.

Spouse, civil partner or dependant’s pension

Your spouse, civil partner or dependant may receive a pension equal to half the pension you were entitled to at the date of commencement of your pension (excluding any early retirement supplement) before any part of it was exchanged for a cash sum.

The spouse’s, civil partner's or dependant’s pension will include 50% of any pension increases granted to your pension after it commenced.

Children’s pensions

A pension is paid to each child (up to a maximum of 4). Each pension is equal to one quarter of the spouse’s, civil partner's or dependant’s pension.

Pensions may be paid at the Trustee's discretion to children up to the age of 23, if they are still in full-time education.

CARE

Pension Guarantee

Your pension is guaranteed to be paid for the remainder of your lifetime, or five years if longer.

If you die within the first 5 years of retirement, the remainder of the 60 monthly instalments of retirement income at the date of death will be payable as a lump sum to your dependants.

The recipients will be at the discretion of the Trustee but they will take into account any nominations on your Expression of Wish form. You can download an Expression of Wish form from the Document library section of this website.

Spouse’s, civil partner's or dependant’s pension

A pension will be payable to your spouse, civil partner or dependant of 50% of your full, accumulated retirement income (including increases to the date of your death). Lump sum and/or spouse’s or civil partner's benefits may also be part of benefits you purchase with any AVC account balance(s) depending on the choices you made.

Payment of pension benefits to a spouse, civil partner or dependant are dealt with separately to the Lump Sum. Please refer to the dependant's Nomination Form for more information. This can be found in the document library.

A child’s pension

Pensions are paid for up to four children under age 18. Each pension is equal to one quarter of the spouse’s, civil partner's or dependant’s pension.

Pensions may be paid at the discretion of the Trustee for children up to the age of 23, if they are still in full- time education.

Management 1

Pension guarantee

Your pension, excluding any early retirement supplement, is guaranteed for five years.

If you die within five years of commencement of your pension, the remainder of the five years’ pension payments is paid.

The Trustee has discretion as to whom the payment is made.

Spouse, civil partner or dependant’s pension

The spouse’s, civil partner's or dependant’s pension will include 50% of any pension increases granted to your pension after it commenced.

Children’s pensions

A pension is paid to each child (up to a maximum of 4). Each pension is equal to one quarter of the spouse’s, civil partner's or dependant’s pension.

Pensions may be paid at the Trustee's discretion to children up to the age of 23, if they are still in full-time education.

Management 2

Pension guarantee

Your pension, excluding any early retirement supplement, is guaranteed for five years.

If you die within five years of commencement of your pension, the remainder of the five years’ pension payments is paid.

The Trustee has discretion as to whom the payment is made.

Spouse, civil partner or dependant’s pension

The spouse’s, civil partner's or dependant’s pension will include 50% of any pension increases granted to your pension after it commenced.

Children’s pensions

A pension is paid to each child (up to a maximum of 4). Each pension is equal to one quarter of the spouse’s, civil partner's or dependant’s pension.

Pensions may be paid at the Trustee's discretion to children up to the age of 23, if they are still in full-time education.