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Double Death

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

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Post by Hawkey99 »

In the unlikely event that my partner and I died in the same accident die i.e. plane crash for example.

would anybody get any of our pensions.

I assume lump sums would go to next of kin....

thanks
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

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Post by RobertT »

It’s possible your main RMPP/RMSPS pension can be paid to your children if they are below a certain age. More info can be found by looking at the ‘guide to death benefits’ here: http://www.royalmailpensionplan.co.uk/s ... an/library" onclick="window.open(this.href);return false;

The value of any Flexiplan, Bonusplan or RM Defined Contribution Plan you have will be paid out to your estate.

If you haven’t already done so, I suggest you fill out your ‘death nomination forms’ available at the same link as above. And also make or update your will if you haven’t already done so, it’s frightening who your money might go to if you haven’t got one that’s up to date.

You might find this interesting: http://www.telegraph.co.uk/finance/pers ... -will.html" onclick="window.open(this.href);return false;

And there’s an online calculator you can use too: https://www.gov.uk/inherits-someone-dies-without-will" onclick="window.open(this.href);return false;
Links to all RM pension related websites are here
Lounge Lizard
EX ROYAL MAIL
Posts: 9458
Joined: 06 Aug 2007, 21:54

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Post by Lounge Lizard »

Hawkey,
Asking a question like that is tempting fate. :sad:
You've not both got a holiday abroad booked for this summer, have you ? :no no :arrrghhh :Boo hoo!
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

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Post by Hawkey99 »

HAHA

If only........

Have read the info which was kindly provided by Robert but still not sure if I have had the answer.

Have made our wills
Have signed nomination form.

If I read it correctly our children get 2 thirds of our pension if we die together but as I said ??????

Thanks
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Double Death

Post by RobertT »

Hawkey99 wrote:HAHA

If only........

Have read the info which was kindly provided by Robert but still not sure if I have had the answer.

Have made our wills
Have signed nomination form.

If I read it correctly our children get 2 thirds of our pension if we die together but as I said ??????

Thanks
Assuming you have 2 or more kids, that's how I read it too.
Links to all RM pension related websites are here