Death Benefits Before 'A' Day

On the death of a member of an occupationalthe age of 18 or end of higher education, a mentally
pension scheme before 'A' Day, benefits with theor physically handicapped child, an ex-spouse to
maximum limits of HMRC could be paid to the spousewhom maintenance payment used to be made, and
and/or dependants of the deceased. Benefits couldanyone such as a common law spouse who was
be in the form of a cash lump sum or a pension. Thisdependant or financially co-dependant.
was the case whether death took place withinIf the member died after retirement, benefits could
service or after retirement. The benefits were eitherbe paid to the spouse and/or dependant, within
paid directly from the fund or through an employer'sHMRC maximum limits. The nature of the benefits
contribution to an insured arrangement to cater forpaid was based on the kind of annuity that was
death benefits.purchased at the commencement of retirement. If a
If death occurred before retirement, the maximumguaranteed annuity was chosen, the pension
lump sum that could be paid to the spouse and/orinstalments would continue to be paid to the spouse
dependants of the deceased was kept at aand/or dependants up to end of the guaranteed
maximum of four times the final renumeration.period, which was usually a maximum of ten years. A
Retained lump sum benefits in previous schemes hadcash lump sum could be paid instead if the annuity
to be taken into account, however. It was allowed towas guaranteed for five years or less. The amount
opt for a lump sum of £5,000 if it was higher.paid will be equivalent to the pension instalments for
This nevertheless was rarely the choice, unless thethe rest of the guaranteed term. In the absence of a
salary under consideration was very small. Anguarantee element, the annuity could continued to be
alternative option was a maximum limit of two timespaid to a spouse and or/dependants, within HMRC
the final renumeration, without considering retainedlimits.
benefits.All was not lost when an occupational scheme
Pension income could also be paid to the spouse andmember died before 'A' Day. Death benefits could be
or dependants of a member who died in service, butthe lot of the spouse and dependants. The rules that
had to be within HMRC maximum limits. HMRCgoverned the limits of these benefits do not apply
definition of dependants included, a legal spouse orany more though, as they have been replaced by a
civil partner, a child, adopted child, or step-child up tosimplified tax regime.