Pension query

[Itcameoffinmehandchief]

Morning fellow goaters, 'er indoors asked a question about my pension. I left in 2006 on redundancy with an immediate pension. The wife has asked what happens to the pension payment if I pass away before it becomes Index Linked at 55?

 

[Rugby-Jock-Lad]

She's not asking about how much your life insurance policy is worth either is she????? :-0

Just in case you have a joint case of viral attack attributed to C-19 that's all...............

 

[Talk Wrench]

She's not asking about how much your life insurance policy is worth either is she????? :-0

Just in case you have a joint case of viral attack attributed to C-19 that's all...............

I thought something along similar lines.

I can't be sure, but I'm led to believe there are clauses that allow the transfer of a military pension to a spouse or nominee should the death of the pension holder be related to service.

I'll have a dig around for info because this was a discussion in the TW household a few days ago.

 

[Itcameoffinmehandchief]

Thank you - I think she is trying to find out if the pension would still rise at 55 if I was no longer around...........

 

[Vauxhall]

Morning fellow goaters, 'er indoors asked a question about my pension. I left in 2006 on redundancy with an immediate pension. The wife has asked what happens to the pension payment if I pass away before it becomes Index Linked at 55?

She would receive 50% of your AFPS 75 pension entitlement, index linked, for life. See attached booklet but, if you need anything explaining or personalising, join us at www.forcespensionsociety.org

 

[Itcameoffinmehandchief]

She would receive 50% of your AFPS 75 pension entitlement, index linked, for life. See attached booklet but, if you need anything explaining or personalising, join us at www.forcespensionsociety.org

Many thanks, you’re info is extremely helpful and clears our question.