Cash sum (Medas section members yet to take their benefits)

Cash sum (Medas section members yet to take their benefits)

If you die before your normal pension date
A cash sum will only be payable where there’s no qualifying spouse or eligible child to whom the Plan would pay a pension. The amount paid would be five times the value of your pension at the time you left the Plan, revalued to the date you died.

If you’re yet to take your benefits and were to die after your normal retirement date, then different benefits may be payable. Please contact the Plan’s administrator, Trafalgar House for more information.

The Trustee decides who will receive the benefit but they will take account of your wishes. To keep the Trustee informed of your wishes, please go to the ‘nominated beneficiaries’ section of your My Work Pension account. You will find this under the ‘Your account’ menu. Alternatively, please get in touch with the Plan’s administrator, Trafalgar House, and they will be able to send you a form.