In addition to the above survivor benefits, the scheme also provides pension benefits for eligible children. To be eligible, the child must be:
- Under the age of 18.
- Between the age of 18 to 23 and in full time education.
- Wholly or mainly dependent on you.
- Born before or within 12 months of your death.
- Benefits for disabled children may be paid indefinitely.
The amount of children’s pension payable depends on the number of eligible children you have and whether or not a survivor’s pension is to be paid to your spouse, civil partner or nominated co-habiting partner.
Children’s pension due if survivors pension is to be paid.
One child: The pension would amount to 1/320th of your final pay multiplied by your total membership up to date of death, plus the potential membership you could have accrued from date of death to age 65.
Two or more children: They would receive an annual pension of 1/160th of your final pay multiplied by your total membership up to date of death, plus the potential membership you could have accrued from date of death to age 65. This will be divided equally between each child.
Children’s Pension due if no survivors pension is to be paid.
One child: The pension would amount to 1/240th of your final pay multiplied by your total membership up to date of death, plus the potential membership you could have accrued from date of death to age 65.
Two or more children: They would receive an annual pension of 1/120th of your final pay multiplied by your total membership up to date of death, plus the potential membership you could have accrued from date of death to age 65. This will be divided equally between each child.