If you receive a pension credit following divorce or dissolution of a civil partnership, your annual pension is:
- payable for the rest of your life, and
- increases each year in line with the cost of living.
If you die within 5 years of the first payment of your pension credit, a lump sum death grant is due. It is equal to 5 times your annual pension less the amount of pension already paid.
We have absolute discretion over who receives any lump sum death grant, but you can let us know your wishes. Complete the expression of wish for payment of death grant form.
Benefits are not payable to your survivors following your death.