RPSM10300050 - Scheme Administrator Pages: Death benefits: Payment of dependants’ scheme pension

Involvement of the scheme administrator in the payment of the dependants’ scheme pension

There are two ways in which a dependants scheme pension may be provided :-

• Under both a money purchase arrangement (see RPSM10104120), and a defined benefits arrangement, and
• Through the involvement of an insurance company - so a dependants’ scheme pension may be paid either by the scheme administrator of the registered pension scheme providing the pension or, if the scheme liability is secured through an annuity contract with the insurance company underwriting that contract - see RPSM09101230.