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Company pension after death of spouse

4 replies

working925 · 30/08/2017 16:25

Does this always transfer to spouse? FIL has passed away - will MIL be entitled to his company pension? Thanks x

OP posts:
UnaPalomaBlanca · 30/08/2017 16:34

I think it's usual to nominate a beneficiary? Is MIL named? Can't you just phone pension company to find out. When my DH died, the pension company were prompt and helpful.

Ilovetolurk · 31/08/2017 23:55

Sorry for your loss.

If its a final salary scheme, it will almost certainly pay a spouse's pension. It is normally reduced though typically to about 60% of your FILs pension

There may also be a lump sum if he died less than 5 years after retirement

If an annuity, whether a pension is payable will depend on what type of annuity was bought - contact the insurer to check.

SteampunkPrincess · 01/09/2017 17:49

This will depend on the pension specification - normally there will be a spouses element (equal to or more than 50% of the members pension)

you would need to check with the trustees - dig out any paperwork about who is administering it

Lindy2 · 01/09/2017 17:55

It will depend upon the terms of the pension. A spouse's pension can be anything from zero to 100%.
You need to contact whoever runs the pension.

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