What happens to a pension if someone dies before claiming it?
Find clear, straightforward answers to common questions about pensions, retirement planning, investments, fees and charges, and the services we provide.
If someone dies before taking their pension, the full value is usually available to beneficiaries. In defined contribution pensions, this can often be paid tax-free if death occurs before age 75.
Also In this section:
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Can a surviving spouse choose how pension benefits are taken?
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If my husband dies, do I get his private pension?
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What happens to a pension if someone dies before claiming it?
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Can multiple beneficiaries receive the same pension?
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How quickly are pension death benefits usually paid?
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Can children inherit a pension if a parent dies?
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What happens if no beneficiary has been named on a pension?
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Do pensions form part of your estate when you die?
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Are pension death benefits affected by inheritance tax rules?