Local gov pension death

elsied

Trying to get rough idea of how much my husband would receive from my lgs pension if I die first. The info on their website is very confusing, any advice

bobster2

https://forums.moneysavingexpert.com/discussion/6685480/local-gov-pension-death

Nobody here will be able to tell you without all sorts of details about your pension contributions history.

https://www.lgpsmember.org/faqs/will-my-dependents-be-paid-a-pension-when-i-die/

Your spouse, civil partner or eligible cohabiting partner will receive part of your pension. It will be paid for the rest of their life. Generally, this is:

30.625% of the pension you built up from April 2014

37.50% of the pension you built up between April 2008 and March 2014

50% of the pension you built up before April 2008.

So whatever the LGPS statements are saying your pension will be - the spousal pension will be 30-50% of that amount. Closer to 30% than 50%.

Keep_pedalling

Are you already retired and drawing your pension?

NedS

I'm going to move this thread to the Pensions forum as better suited there.

Silvertabby

https://forums.moneysavingexpert.com/discussion/comment/82157222#Comment_82157222

But reductions for early retirement/commutation are ignored.

There may also be a one-off tax free lump sum if the pensioner died within the guarantee period (5 or 10 years, depending on date of leaving) and the spouse is the nominated beneficiary.

A bit more information from OP would be useful. Specifically dates of service and if pension is deferred or in payment.