SINGLE

Dazed_and_C0nfused

ronnies6 said:

Your missing the point, my point is I should have the right to leave my remaining pot to my nominated person. Having contributed as everyone else. Yes times have changed so should that rule

I think you are missing the point.

You almost certainly don't have a "pot".  You have a promise to pay £x when in retirement so there isn't going to be a remaining pot.

Thrugelmir

ronnies6 said:

Your missing the point, my point is I should have the right to leave my remaining pot to my nominated person. Having contributed as everyone else. Yes times have changed so should that rule

Your employer bears the additional costs in the scheme. Employees themselves pay a fraction. 

cloud_dog

If your scheme is anything like mine then your beneficiary might be entitled to the refund of all your contributions.  Of course this may also be linked to a spousal rule, would need to check.

ronnies6

Thankyou

Dox

ronnies6 said:

I have been employed for nearly 23 years and shocked to discover that should I die my pension lump sum can go to my nominated person but my pension goes back in to tbe pension pot. This is because I am single. I find this discrimitive and unexceptable

You chose to join the scheme. The scheme booklet you will have been given (but doubtless chose not to read, along with most of the rest of the population!) must have included details of what happens when a scheme member dies, so you could have found this out 23 years ago - but what would you have done? Decided not to join the scheme in a fit of pique, thereby missing out on hugely valuable employer contributions? If you're so exercised about it all, you can always decide to opt out and transfer out.

greatkingrat

Even for people who are married, in roughly 50% of cases there will be no spouse pension payable as the spouse will have died before the pensioner.

Ceme3000

So the pension 'winner' is the married man who lives to 100, who has a wife 50 years younger, who also lives to 100! 

Andrew31

Welcome to cross subsidy, paid by single people the world over.     Just do a DB transfer when the time is right LOL

Shedman

Ceme3000 said:

So the pension 'winner' is the married man who lives to 100, who has a wife 50 years younger, who also lives to 100! 

Not sure that a 70 year old man who marries a 20 year old is likely to make it to 100 but will probably die with a smile on his face 😂

Ceme3000

Andrew31 said:

Welcome to cross subsidy, paid by single people the world over.     Just do a DB transfer when the time is right LOL

I must admit, it does trouble me that in my view the basic state pension is below the threshold I believe a single person would require for a minimal standard of living, but if you double it for a couple then I would say this would allow a basic 'no frills' retirement. 
Just glad that I have other pension provision and am not in that position.