Pilkington Superannuation Scheme
If you die, a lump sum is payable to your nominated dependants (see On Death). In addition, a pension is normally payable to your Spouse and/or Dependants.
The Scheme generally pays a pension to the spouse (legally married partner) on a member's death.
However, there are a few exceptions where payment of some or all of the pension would be at the discretion of the Trustee, for instance:
- If you are separated
- If you have been married for less than 3 years when you die
- You have nominated a named dependant
If you have a partner whom you are not legally married to, you need to make the Trustee aware by completing a Declaration Form. See Dependant's pensions below.
If you die whilst employed by the company, the spouse's pension is normally 1/2 of what you would have received at NRA had you continued to contribute to the Scheme.
If you die after retirement, the spouse's pension is usually 1/2 of your ordinary pension.
In all cases pension is adjusted if the age difference between you and your spouse was more than 10 years.
The pension for a dependant child is 1/8th of your pension.
Payments can also be made to another dependant e.g. an unmarried partner but only if the member has nominated the person as a named dependant on a Declaration of a Named Dependant Form.
The named dependant's pension can be as much as the spouse's pension. However, if both a spouse and a named dependant survive you, the total paid to both will not be greater than a spouse's pension alone and a part of the pension may be required by legislation to be paid to the spouse.