Death

If you die before you retire:

• Your spouse, dependant or children could receive a yearly pension of a proportion of your pension at the date of your death.

If you die after retiring:

• Your spouse, dependant or children could receive a yearly pension of a proportion of your pension at the date of your death before any reduction for taking a cash lump sum.
• If you die within five years of retiring, your beneficiaries may receive a lump sum that’s equal to the value of the remaining payments that would have been made during that five-year period, if you hadn’t died.

Who gets my benefits when I die?

Your Expression of Wish tells us who you’d like to receive benefits when you die.