Who will receive the potential family benefits pension?
A. This will be payable to your legally married spouse or registered civil partner. If you are unmarried and do not have a registered civil partner, you can nominate your partner to receive the family benefits pension after you die. For further information see the fact sheet Partner benefits. Back to the top Q. What does the term ‘Deferred Member’ mean on my statement? A. Teachers who leave pensionable teaching employment before normal retirement age and leave their benefits in the scheme are called ‘Deferred Members’. The value of these benefits from the last day of teaching service is increased in line with the Retail Price Index. Q. As a ‘Deferred Member’ would a death grant become payable if I died before receiving my retirement benefits? A. Yes. In the event of death before payment of retirement benefits an amount equivalent to the basic tax free lump sum (3/80ths of average salary multiplied by pensionable service), with pensions increase applied up to the date of death would be
A. This will be payable to your legally married spouse or registered civil partner. If you are unmarried and do not have a registered civil partner, you can nominate your partner to receive the family benefits pension after you die. For further information see the fact sheet Partner benefits. Back to the top Q. What does the term ‘Deferred Member’ mean on my statement? A. Teachers who leave pensionable teaching employment before normal retirement age and leave their benefits in the scheme are called ‘Deferred Members’. The value of these benefits from the last day of teaching service is increased to maintain their purchasing power . Q. As a ‘Deferred Member’ would a death grant become payable if I died before receiving my retirement benefits? A. Yes. In the event of death before payment of retirement benefits an amount equivalent to the basic tax free lump sum (3/80ths of average salary multiplied by pensionable service), with pensions increase applied up to the date of death would be
