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What does "death in service" mean when talking about pensions?

9 replies

McDreamy · 22/04/2008 15:04

Does it mean dying as a result of your job or does it mean dying before you retire whilst employed, but not neccessarily whilst at work? Or is it something completely different? TIA

OP posts:
saltire · 22/04/2008 15:05

i have always taken it to mean that you died whilst doing your job.

nowwearefour · 22/04/2008 15:06

the second of the two you mention- if you die when employed at the place they will pay out a certain mutiple of your salary to your beneficiaries

cyanarasamba · 22/04/2008 15:06

It meants dying whilst employed.

SixSpotBurnet · 22/04/2008 15:06

I think it means that you die while you are still in employment.

mankymummy · 22/04/2008 15:07

It means death during your employment.

Doesnt have to be death as a result of your job or death whilst at work 9-5.

Basically it means death during the period you are employed (i.e from 1995 to 2006), and before retirement.

xserialshopper · 22/04/2008 15:08

I always wondered about that too. Are you planning to make you parner disappear?

NomDePlume · 22/04/2008 15:09

mankymummy is right

Death In Service benefit will pay out if you die whilst you are still on the payroll of the company.

McDreamy · 22/04/2008 15:09

Thank you, was a question from my dad. He lost a colleague last week and I think as a result he is checking all his policies!! Poor dad he always needs something to worry about but thanks he will appreciate your help

OP posts:
jura · 22/04/2008 15:12

This reply has been deleted

Message withdrawn at poster's request.

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