RPSM10105420 - Technical Pages:
Death benefits: Lump sums: Member dies aged 75 or over: No
nomination is made for payment of a charity or transfer lump sum
death benefit
If no nomination is made for payment of a charity lump sum
death benefit or transfer lump sum death benefit
| [Para 19(1)(d) and 2(e), Sch 29] |
If neither the member or
dependant makes a nomination the
scheme administrator may distribute the remaining
alternatively secured pension fund or
dependants’ alternatively secured pension
fund by paying
- where the member or dependant entitled to
a dependant’s alternatively secured pension fund died before
6 April 2007 a
transfer lump sum death benefit. The scheme
administrator may nominate which scheme member (or members) will
benefit from the payment, and / or-
- after 6 April 2007, they may pay a
charity lump sum death benefit to a charity of
their choosing
