Death with deferred benefits
(prior to Normal Retirement Date)

If you die after leaving the Scheme and are entitled to a deferred pension, the following payments will be made:

• Your legal spouse will be paid a pension equal to 50% of your deferred pension which is attributable to Pensionable Service on and after 6 April 1997; and for service before 6 April 1997 (if any) your spouse will be paid a pension at least equal to a spouse’s GMP;

plus

• A lump sum equal to the greater of a refund equal to the contributions you made to the Scheme and an amount equal to 5 times the pension that you would have received had you chosen the early payment option immediately before your death.

Death with deferred benefits
(on or after Normal Retirement Date)

If you die on or after Normal Retirement Date before your pension has started, your surviving spouse will receive a pension of 50% of the pension you would have received if you had retired immediately before your death, without giving up pension for a lump sum or dependants’ pension.

Restricted terms
If you are a member admitted on the basis of restricted terms, your benefits may be restricted. If you are affected by restricted terms you will be notified on joining.