You are here: Home | IFA | Information for IFAs

Information for IFAs

IFA - death benefits

You can find out the deaths benefits payable in the event of a member’s death in the scheme booklet which is available on the publications page of our website. Information is also available on the benefits page of our website under “life cover” and “pension for your dependants”.

Benefits payable on death depend on when the member left the scheme. The following table gives information about death grants and who could get a survivor’s pension.

The actual calculation of a survivor’s pension depends on multiple factors. In general terms up to 31 March 2008 a spouse’s pension would be around half of the members and after that it would be 1/160 of the membership times final pay. The relevant regulations detail the calculations (see link in table above in “about the scheme”).

Death grant regulations
Regulations LGPS(S) Death Grant payable if death in deferment Death Grant payable if death of a pensioner Death Grant payable if death in service Survivor's pensions payable

1987

Left scheme before 31/3/1988

See regulation E11 See regulation E11 N/A Widows and children’s pensions payable only

1998

Left scheme before 31/3/2009

Equivalent to the lump sum that would have been payable if not for death 5 times the annual pension in payment less any pension paid out. N/A Widows, widowers based on post 5/4/88 membership (plus any pre 6/4/88 bought back), children’s pensions. From 5/12/2005, civil partners based on post 5/4/88 membership (plus any pre 6/4/88 bought back

2008

Left scheme before 31/3/2015

5 times the retirement pension that would have been paid if not for death 10 times the annual pension in payment less any pension paid out. N/A Widows, widowers, children’s. Civil partners based on post 5/4/88 membership (plus any pre 6/4/88 bought back). Co-habiting partner’s pensions based on post 5/4/88 membership (plus any pre 6/4/88 bought back)

2014

Left scheme after 31/3/2015

5 times the retirement pension that would have been paid if not for death 10 times the pre commutation pension less any commuted lump sum and any pension paid to the member. 3 times actual annual pay based on average of last 3 months pay uprated to 12 months. Widows, widowers, children’s. Civil partners based on post 5/4/88 membership (plus any pre 6/4/88 bought back). Co-habiting partner’s pensions based on post 5/4/88 membership (plus any pre 6/4/88 bought back)