What happens if I die before I receive my pension?

The benefits payable if you were to die before your pension went into payment are dependent upon the Section of the Plan of which you are a member.

If there is a lump sum payable, it is payable at the discretion of the Trustee. This ensures the lump sum does not form part of your estate and is therefore generally paid tax free. In order to guide the Trustee as to whom it should pay the lump sum, you should complete a Nomination Form. The Trustee is not bound by this form but will consider it when it exercises its discretion as to whom the lump sum should be paid.