A guide to benefits
If you die whilst you are a contributing member of the scheme and employed by a participating employer a lump-sum death benefit may be payable to your survivors at the Trustee Company's discretion.
In addition to a lump-sum death benefit and at the discretion of the Trustee Company, your personal retirement account may be used to provide dependants' benefits.
To find out more about life assurance benefits see Quick Links - Life Assurance.
Benefits are subject to HM Revenue and Customs limits.
Note: If you leave work and preserve your benefits in the scheme until you retire your entitlement to receive any lump-sum death benefit ends.