Pension protection lump sum death benefits

A lump sum payable upon death if:

• the member has not reached the age of 75 at the date of death;
• it is paid in respect of a defined benefits arrangement;
• it is paid in respect of a scheme pension to which the member was entitled at the date of death;
• the member has specified that it is to be treated as a pension protection lump sum death benefit.

The amount must be paid within two years of the date of death.

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