Death in Retirement

A random set of BAE images If you die while receiving a pension from the Scheme the following benefits will be paid:

Crown Service members

  • An Adult Dependant’s pension of two-thirds of the pension due to you at the date of your retirement.
plus

  • Eligible Children’s pension based on a proportion of your pension entitlement when you retired.
plus

  • The five year payment guarantee
    If you die whilst receiving a pension from the Scheme within the first five years after your retirement, a lump sum equal to the unpaid balance of five years’ pension payments (at the rate applicable at the date of death disregarding future increases) will be paid.
 

1984 members

  • An Adult Dependant’s pension of one-half of the pension being paid to you, ignoring any reduction in your pension to take account of any tax free cash you received at your retirement.
plus

  • Eligible Children’s pension based on a proportion of your pension entitlement when you retired.
plus

  • The five year payment guarantee
    If you die whilst receiving a pension from the Scheme within the first five years after your retirement, a lump sum equal to the unpaid balance of five years’ pension payments (at the rate applicable at the date of death disregarding future increases) will be paid.
 

BMARC members

  • An Adult Dependant’s pension of one-half of the pension being paid to you, ignoring any reduction in your pension to take account of any tax free cash you received at your retirement.
or

  • Eligible Children’s pension of one-half of the pension being paid to you, ignoring any reduction in your pension to take account of any tax free cash you received at your retirement. This pension will be divided amongst all your Eligible Children.
plus

  • The five year payment guarantee
    If you die whilst receiving a pension from the Scheme within the first five years after your retirement, a lump sum equal to the unpaid balance of five years’ pension payments (at the rate applicable at the date of death disregarding future increases) will be paid.
Some members exercised an option in 1972 on the level of widow’s pension which may affect the level of the Adult Dependant’s pension.

For female members the adult dependant’s pension payable is twothirds of the pension they have earned after 1 January 1985 only.