If you die whilst receiving your pension, your loved ones could be entitled to a lump sum death payment and/or survivors pensions.
In order for your nominations to receive these payments in the event of your death you must keep your expression of wish nominations up to date.
Lump sum death payment
A lump sum may be payable if you die, however it will depend on when you retired and how many years pension you have received.
- retired before 1 April 2008 a lump sum will be payable if you die before you have taken a full five years' pension.
- retired on or after 1 April 2008 a lump sum will be payable if you die before you have taken ten years' full pension.
- die on or after age 75, no lump sum can be paid.
When you die, we may pay a pension to your husband/wife/civil partner/cohabiting partner and your dependent children.
The amount of pension is based on how long you were in the Scheme, your pay when you retired, and any dependants you leave. The pension will be payable for life to your husband/wife or your civil partner or your cohabiting partner even if they remarry.
If you got married after you retired, not all your membership may count towards a pension for your husband or wife. The amount of a survivor's pension depends on a number of factors - please contact us for the details applicable to your circumstances.