If you die within 10 years of retiring, and you are under age 75 at the date of your death, your
dependants or the person previously chosen by you (see below) will get a lump sum, known as a death grant. This will be equal to ten years’ pension, less any pension you have already received.

Choosing who receives the death grant

You can choose who should receive any death grant by filling in a death grant nomination form. If you have not filled in a death grant nomination form and would like to do so, please contact us. If you do this, we can pay any money due quickly, and inheritance tax will not be taken from the death grant.