How will death impact my father's workplace pension?

jem16

gibson1291 wrote: »

As in, was he still contributing? He left the employment long before he died so if I understand correctly he had left the scheme. I don't have the name of the scheme available at the moment.

Yes that’s what I mean as Death in Service benefits can be greater than death as a Deferred member.

At the moment I would say we can’t help further till you clarify the scheme.

Was it private sector or public sector that he worked for?

atush

Please stat WHO he worked for. and if he died while still working there.
And your ages at the time of death.

If a DB pension it died with him. But there may be a death grant.

gibson1291

jaybeetoo wrote: »

How old were you and your brother when he died? Some DB pensions pay a pension to the children of the deceased until they are 18 or finish full time education but this does depend on the pension scheme rules. You need to contact the pension trust.

I was 21 and my brother was 23. Defined Benefit schemes appear to be very varied in their approach to a situation such as mine. I will contact the pension trust today. All I know is that a lady confirmed over the phone that we need to write to them as there is a pension fund available - however this was confirmed before they knew he had passed away.

gibson1291

atush wrote: »

Please stat WHO he worked for. and if he died while still working there.
And your ages at the time of death.

If a DB pension it died with him. But there may be a death grant.

Scottish and Newcastle was the pension provider but I've no idea who he worked for at this moment in time - I can get all the information by tomorrow at the earliest. He died after ceasing that employment. I was 21 and my brother was 23.

gibson1291

jem16 wrote: »

Yes that’s what I mean as Death in Service benefits can be greater than death as a Deferred member.

At the moment I would say we can’t help further till you clarify the scheme.

Was it private sector or public sector that he worked for?

Private sector. Not looking like the best outcome but I will be able to get more info tomorrow.


Do threads die on here after 24 hours or will people still comment tomorrow?

molerat

Never heard of Scottish and Newcastle as an insurer / pension provider but Scottish and Newcastle are an employer in the brewery and hospitality sector and do have a pension.

gibson1291

molerat wrote: »

Never heard of Scottish and Newcastle as an insurer / pension provider but Scottish and Newcastle are an employer in the brewery and hospitality sector and do have a pension.

That sounds like the employer then, they both worked in hospitality. I will read up on their website.

atush

Threads go on forever really. So post when you know more.

Include if the pension was a final salry/DB type based ont he no if years he worked there, or if a DC pension with a pot of money invested.

jem16

gibson1291 wrote: »

That sounds like the employer then, they both worked in hospitality. I will read up on their website.

The Scottish & Newcastle pension scheme has undergone many changes over the years including being taken over by Heineken. It may be difficult to get the exact rules of the scheme online. It does appear to have been a Defined Benefit scheme though.

Dox

If he was employed in the 1970s, and was only 53 when he died in 2013, he could only have had a few years of pensionable service, so please don't get your hopes up too much about how much might be available, if anything.

It may be that the only benefit available is a return of any contributions he made to the fund (which is why you might have thought it was a defined contribution scheme), which may or may not be paid with some sort of interest, depending on the rules of the scheme.