Death in service benefits

The following summarises the benefits provided by the scheme in the event of the death of a member during service.

On death in service, the member's dependants receive a one-off lump sum equal to 5 times the member's Pensionable Salary (as defined in the scheme rules).

On death in service, the pension scheme provides the member's spouse with an annual pension equal to 50% of the accrued pension the member would have received at Normal Retirement Age (based on Pensionable Salary and Pensionable Service up to the date of death).

[Eg children's term benefits]

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