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Lump sum death grant

Death grant if you left before 1 April 2008

If you die within 5 years of retiring and are under the age of 75, a lump sum equal to 5 times your annual pension (less any pension you have already received) will be payable.

If you die within 10 years of retiring and are under the age of 75, a lump sum equal to 10 times your annual pension (less any pension you have already received) will be payable.

It is important to ensure that your expression of wish for lump sum death benefits form is up to date.

Our Jargon Buster may help with pensions terminology.