MyCompanyPension.co.uk - Helping members of occupational pension schemes to better understand their benefits.

25th September 2017
:: Scheme Member | Redundancy | Redundancy - Children’s death benefits

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.
 
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:
 
 
 
 
 
See our Glossary for definitions of phrases in our Factsheets
       
 
 
 
 
 
  Defined Benefit scheme members
 
Redundancy - Children's death benefits - for Active Members of Defined Benefit Schemes
Redundancy - Children's death benefits - for Preserved Members of Defined Benefit Schemes
Not applicable to Pensioner members
Not applicable to Pensioner members 
       
 
  Money Purchase scheme members
 
This Factsheet is not yet available for Money Purchase members.
This Factsheet is not yet available for Money Purchase members.
 
     

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