Child’s pension (EDS members who have taken their retirement benefits)
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Child’s pension (EDS members who have taken their retirement benefits)
The Plan will only pay a child’s pension if there is no spouse’s pensions being paid. Where the plan pays a child’s pension, the amount will be equal to one third of the pension that would have been payable to your surviving spouse or civil partner. A child’s pension will be paid for up to three children. If there are more than three children, the total amount will be shared between them, with the individual amounts set entirely at the Trustee’s discretion.
The Plan defines eligible children as follows:
- Your biological children
- Stepchildren if they were financially dependant you at the date of your death
- Children legally adopted by you
- Any other children who, in the Trustee’s opinion, were dependent on you at the date of your death.
A pension paid to a child will be payable until age 18, or age 23 if your child remains in full-time education or training approved by the Trustee.