Dependant’s pensions (Bank of Ireland members who have taken their retirement benefits)
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Dependant’s pensions (Bank of Ireland members who have taken their retirement benefits)
The Trustee has discretion to award a pension to a dependant with the agreement of the Company. This will normally be the same amount that would have been payable to a spouse or civil partner, but the Trustee has discretion to decide the amount.
Although the Trustee decides who will receive the benefit, 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.