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What is due from late mothers pension?
Peanut_butter_2
Posts: 18 Forumite
Sorry if a stupid question.
I am currently attempting to deal with my late mothers estate and all the paperwork that goes with it.
My question is:
If someone has been receiving a pension from a private plan/pension does that mean they are no longer 'contributing' to the scheme?
My mothers Private pension had a section that says:Benefits payable should you die whilst contributing to the scheme:
-a survivors pension each year of (amount)
-a child's pension each year of (amount)
-a lump sum of 3 your salary
-a refund of your contributions plus interest (where applicable) to date of death.
My mother did receive payments quarterly from this pension and I have had a letter back from the company stating that a survivors pension is payable along with contributions. There no children 18 or under so nothing due there and no mention of the lump sum hence my original question (sorry if it is a stupid/obvious one, I just don't want to send the forms back off if I am being misled about what is due).
I am currently attempting to deal with my late mothers estate and all the paperwork that goes with it.
My question is:
If someone has been receiving a pension from a private plan/pension does that mean they are no longer 'contributing' to the scheme?
My mothers Private pension had a section that says:Benefits payable should you die whilst contributing to the scheme:
-a survivors pension each year of (amount)
-a child's pension each year of (amount)
-a lump sum of 3 your salary
-a refund of your contributions plus interest (where applicable) to date of death.
My mother did receive payments quarterly from this pension and I have had a letter back from the company stating that a survivors pension is payable along with contributions. There no children 18 or under so nothing due there and no mention of the lump sum hence my original question (sorry if it is a stupid/obvious one, I just don't want to send the forms back off if I am being misled about what is due).
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Comments
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You are contributing to a pension when you pay money into it. So no, your mother didnt come into that category. The figures given describe what happens before someone starts taking money from the pension.0
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Thank-you for taking the time to respond. This was my initial thought but wanted to be sure before returning paperwork to the company :-)0
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Did you receive this letter after informing them of her passing? Is your father still alive? It depends on the scheme but they may be some monies due to a survivor.Peanut_butter wrote: »I have had a letter back from the company stating that a survivors pension is payable along with contributions.
Linton is quite correct about the other paragraph not applying though.0 -
Repost from https://forums.moneysavingexpert.com/discussion/4272179 where some advice was already given and OP was directed here.0
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Thank-you for your responses. I telephoned the company who basically said the same as Linton so there is a survivors pension and refund of contributions.
Thanks again :-)0
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