If you have left employment with deferred benefits and die before receiving them, the survivor benefits payable depend upon when you left the Scheme.
If you left the scheme on or before 31 March 2008, a survivor’s pension will be automatically payable to your spouse or registered civil partner. If you left the scheme on or after 1 April 2008, a survivor’s pension is also automatically payable to your eligible Co-habiting Partner, subject to certain qualifying conditions.
The Survivor’s pension is calculated as follows:
If you left on or before 31 March 2014
1/160th x your final pay x the membership the deferred pension is based on
If you left on or after 1 April 2014
1/160th x your final pay x any membership in the scheme up to 31 March 2014;
plus 1/160th x your pensionable pay x your membership in the scheme after 31 March 2014;
plus 49/160ths of the amount of any pension credited to your pension account following a transfer of pension rights (if applicable)
Please note, if you marry after your retirement, the pension may be calculated on less membership.
Qualifying conditions for a Co-habiting Partner
A survivor’s pension, as calculated above, is paid to a Co-habiting partner provided all of the following conditions have applied for a continuous period of at least 2 years before your death:
- You both are, and have been, free to marry each other or form a civil partnership with each other
- You are living together as if you are husband and wife, or civil partners
- Neither of you is living with someone else as if they were husband and wife or civil partners
- Either your cohabiting partner is financially dependent on you or you are financially interdependent on each other.
Your partner is financially dependent on you if you have the highest income. Financially interdependent means that you rely on your joint finances to support your standard of living. It doesn’t mean that you need to be contributing equally. For example, if your partner’s income is a lot more than yours, he or she may pay the mortgage and most of the bills and you may pay for the weekly shopping.
Please note, the amount payable to your cohabiting partner will be less than that payable to a spouse or registered civil partner if you have elected not to pay additional contributions in respect of any membership before 6 April 1988.