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MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.
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:: Scheme Member | Redundancy | Redundancy - Children’s death benefits
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Redundancy - Children's death benefits
As an active member of your pension scheme, there may be the benefit of children’s and/or dependants’ pension payable in the event of your death.
Once you are made redundant, you will become a preserved member of you scheme. Just one example of the changes that could happen to children’s pensions when changing from an active member to a preserved member is:
- Children’s pensions only become payable to children that were born whilst you were an active member of the pension scheme.
This Factsheet is essential reading if you have been – or could be – made redundant, and you have children or other dependants relying on you.
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To find out more, choose one of our free Factsheets on the right to match your category of membership.
Not sure which category of member you are? See our definitions:
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See our Glossary for definitions of phrases in our Factsheets
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Not applicable to Pensioner members
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This Factsheet is not yet available for Money Purchase members.
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