PSI11.2.4 - Benefits on Death in Service: Lump Sum Benefits - Alternative Limit

(This archived guidance relates to HMRC discretionary practice before the 6th April 2006. For current guidance on Registered Pension Schemes see the Registered Pension Schemes Manual)

[PN11.3]

Alternatively, scheme rules may limit the aggregate lump sum death in service benefit (excluding refunds of contributions) receivable under all of the employer's schemes (including any additional voluntary contribution scheme(s) whether free-standing or otherwise) to twice final remuneration. If so limited, retained death in service lump sum benefits from earlier occupations are ignored.

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