BGCM EC May 2017

8.

BENEFITS ON DEATH

The Scheme pays lump sum benefits if you die in Pensionable Service, and it will pay a pension to your Partner if you are survived by a Partner. If you have Qualifying Children, then the Scheme will pay a pension to them as well, until they reach the age limits described below.

What happens if I die and I was still working for the GFTU?

In these circumstances the Trustees will pay the following benefits to one or more of your Dependants:

 a cash sum equal to three times your Pensionable Pay at date of your death.

If your Pensionable Pay had been reduced as a result of a temporary absence, the reduction will be ignored. If you were a part-time employee, your Pensionable Pay for these purposes will be the part-time pay you were receiving immediately before you died.

 a pension to your Partner as described below

 a pension for your Qualifying Children as described below

 if you have paid AVCs, your AVCs, will be used to provide further benefits in accordance with the terms agreed when you started paying AVCs.

Section 9 of this booklet sets out how the cash lump sum will be paid.

Your Partner's pension will be equal to half of the pension you would have received if you had retired on the grounds of Ill-health immediately before you died. The way this pension is calculated is described in Section 6 of this booklet.

The amount of the pension payable to your Eligible Children will depend on how many Eligible Children you have:

 If you have a single Eligible Child, his or her pension will be equal to a Partner's pension.

 If you have two or more Eligible Children, they will share a pension equal to a Partner's pension.

What happens if I die before I retire when I was still working for the GFTU but I had reached age 65?

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