PSI12.1.1 - Benefits on Death after Retirement: Pension Benefits - General

(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)

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

Benefits for the widow(er) and dependants of an employee who dies in retirement are a basic feature of most approved occupational pension schemes. They usually take one, or a combination, of the following forms:

[PN12.5-8]

1. an allocated pension (see PSI12.1.2-8),

[PN12.2-5]

1. a separately funded “own right” pension (see 3 PSI12.1.14-23),

[PN13.19 and 13.22]

1. a pension from surpluses (see PSI12.1.31-32),

[PN12.9-11]

1. a payment under a pension guarantee (see Section 2 of this Part PSI12.2.1).