Will there be any benefits paid if I die before retirement?

• Yes, there will be a lump sum payment.
• A pension may also be paid to your dependants.

How much will the lump sum be?

• If you are in service it will be three times your average salary (please see the Average salary fact sheet).

Will a lump sum be paid if I die, if I am out of service but have not retired?

• Yes, a lump sum will be paid.

Will a lump sum be paid if I die after I have retired?

• Only if you die within five years of retirement.
• The lump sum will be five times your annual pension less the amount of pension you have received since you retired.
• A pension may also be paid to your surviving dependants.

Who will receive the death grant?

• The person or persons nominated by you to receive this payment.
• If there is no nomination, your legal spouse or civil partner will receive it.
• If none of these, the payment will be issued to whoever is administering your estate.

How do I nominate someone?

• You can complete a nomination on the TP website or ask your employer for a form.

Who can receive a survivors’ pension?

• Your spouse.
• Your registered civil partner.
• Your nominated partner, provided interdependency at the time of your death is proved.
• Your children if they are under 23 and in education.

Can I increase the survivor’s pension?

• Yes, subject to certain conditions you can pay extra contributions to increase your survivor’s pension.

How much will the pension be?

• It will be 1/160th of your average salary for each year of service that counts for survivors’ pensions.
• Each child’s pension is normally paid at the rate of 1/320th of your average salary for each year of service that counts towards their pension.
• Further information is available in the leaflet, ‘Death benefits’.