If you die on pension Lump sum life cover for members who retired before 1 April 2008 If you die on pension before your 75th birthday, we will pay out a lump sum if you die before you have drawn a full five years’ pension (in other words your pension before any reductions).

Who we will pay the lump sum to
We have the final discretion to decide who to pay, but we will always take your wishes into account.

You can let us know your wishes by filling in a lump sum nomination form. If you would like one, please ask your employer or click on the link below.

Download the lump sum nomination form

If you don’t nominate (or we cannot follow your wishes) we will normally pay the lump sum to your estate.

Other benefits
As well as the lump sum life cover described here, if you also leave dependants, there are benefits for them as well.

More about dependants’ pensions

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