Do the increased death grants apply to deferred members?
A. No. If the member is out of pensionable service and not retired when they die the death grant will be the higher of the value of a lump sum based on the member’s previous pensionable teaching service to the date of death or the value of the contributions paid to the TPS plus interest at 3% per annum to the date of death. Further information can be found in the leaflet Survivor and Death Benefits.
