What pension scheme death benefits are available?

From previous modules you will know that the benefits payable on the death of a member differ according to the scheme rules and the status of the member.

BENEFITS PAYABLE COULD BE:

  • Lump Sum
  • Refund of Contributions
  • Dependant’s Pension

MEMBER STATUS COULD BE EITHER:

  • Life Assurance Only member
  • Active member
  • Deferred member
  • Pensioner member