Death in retirement benefits

The following summarises the benefits provided by the scheme in the event of the death of a member after they have retired and commenced drawing a pension.

If a member dies within the first five years from when they started drawing their pension, the scheme pays the member's estate a lump sum equal to the remainder of the pension they would have received during those five years.

On the death of a member (after the 5 year guarantee period), the scheme will pay the spouse a pension for life equal to 50% of the member's pension at the time of death. 

[Child's benefit

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