PSI12.2.10 - Benefits on Death after Retirement: Lump Sum Benefits and Pension Guarantees - Guarantee payments - Addition of Interest

(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)

Where the scheme rules allow for the addition of interest its quantification can be left to the trustees’ discretion. Our only requirement is that it should be reasonable. The position here is the same as for death in service (see PSI11.2.17).