Pensions

What happens to your pension when you die

If you die when your pension is in payment, there may be benefits payable to your:

  • spouse
  • civil partner
  • cohabiting partner
  • dependant children
  • nominated persons
  • chosen charitable organisation

You may be able to get an estimated value of the benefits payable in the event of your death by using the benefit projector tool on My Pension Online.

Death grants

In some circumstances a one-off lump sum known as a death grant is payable to a nominated person(s) or charitable trust.

If you stopped paying into the LGPS on or after 1 April 2008, the death grant is 10 years annual pension, minus what has already been paid to you.

If you stopped paying into the LGPS between 1 April 1998 and 31 March 2008, the death grant is 5 years annual pension, minus what has already been paid to you.

If you would like an estimate of your death grant, contact us at [email protected] or call our helpline on 01296 383 755.

If you stopped paying into the LGPS before 1 April 1998

If you stopped paying into the LGPS before 1 April 1998, there may be a death grant payable if:

  • you have less than 10 years reckonable service used in the calculation of your pension, but you have had your pension in payment for less than 5 years
  • you have more than 10 years reckonable service used in the calculation of your pension

Nominate someone to receive the death grant

You can tell us who you would like to receive the death grant by making a nomination on My Pension Online or by completing an Expression of Wish form (PDF, 565KB). You can nominate more than one person, allocating a percentage to each.

In the event that you pass away, we can normally pay the death grant straight to your nominated person(s) or charity without waiting for probate.

If you do not make a nomination, we may have to pay your death grant to your estate. In this case, it may be subject to inheritance tax. We advise you to consult a solicitor if you are unsure of what to do.

In some cases, we may not be able to pay the death grant to the nominated person(s) or charity. This could be because:

  • the nominated person(s) has died
  • the chosen charity is now defunct
  • the nominated person is no longer your spouse/partner/civil partner/cohabiting partner
  • the Pensions Administration Manager considers that it wouldn't be reasonable to pay the death grant to the nominated person or charity due to the particular circumstance

Lump Sum & Death Benefit Lump Sum Allowance

The Government limits the total amount of tax-free lump sums and death benefit lump sums that can be paid in respect of someone's pension benefits to £1,073,100.

This is known as the Lump Sum and Death Benefit Allowance (LSDBA). When a member dies, the person dealing with their financial affairs is responsible for checking that the member has not exceeded the LSDBA.

If exceeded, they will need to report this to HMRC and pay the tax charge due.

For more information see tax controls on pensions - Lump Sum and Death Benefit Allowance.

Survivor pensions

In addition to the death grant, there may be annual pensions payable for a qualifying spouse, civil partner, cohabiting partner and children.

If you have more than one LGPS account (active, deferred or pensioner), held either at Buckinghamshire or another LGPS fund, survivor’s pensions are payable for each.

You can tell us about anyone that may be entitled to a survivor’s pension via My Pension Online. We will ask for evidence and relevant documents before paying out any survivor’s pension.

Click on the sections below to see who can receive a survivor's pension, eligibility criteria and how the survivor’s pension is calculated.

If you paid extra into your pension

Some extra pension payments will not count towards the calculation of survivor’s pensions.

Extra contributions to your pension will not count towards a survivor’s pension if they were:

  • Additional Pension Contributions (APC)
  • Shared Cost Additional Pension Contributions (SCAPC)
  • Additional Regular Contributions (ARC)

Any membership purchased through LGPS added years (before 1 April 2008) will be included in the calculation of children’s pensions but will only be included for a surviving partner’s pension if you were married, cohabiting or in a civil partnership with them while you were paying in.

Guaranteed Minimum Pension (GMP) protection

If you have Guaranteed Minimum Pension protection, a surviving spouse or civil partner is entitled to receive this protection in the calculation of a surviving partner’s pension. Widowers and civil partners will only receive GMP protection in the calculation of pension benefits built up between 6 April 1988 and 5 April 1997.

Trivially commuting a survivor’s or dependant’s pension

Trivial commutation can be done if the survivor’s pension is small enough to be fully extinguished by a single lump‑sum payment. This option only applies to the survivor’s pension received from us and any payment made is at our discretion using factors from the Government Actuary’s Department.

We can supply an estimate upon request. Find out how to Take your pension as a lump sum.

Contact us about your pension

If you have any questions, you can contact us about your pension.