Typically, pension plans allow for only the member—or the member and their surviving spouse—to receive benefit payments. However, in limited instances, some may allow for a non-spouse beneficiary, such as a child. The plan will likely request a copy of the death certificate.

Can a state pension be passed on to a child?

You cannot inherit your parents’ State Pension and the State Pension cannot be passed onto a child. But if you are already receiving your State Pension and don’t need the extra funds you could always use it to make regular gifts to your children. Defined contribution pensions are pots that you pay in to and invest.

What happens to my state pension if I die before 65?

If you die before the age of 75 this is paid tax-free, as long as the scheme pays the money out within two years. This type of pension will also pay your spouse, civil partner or dependent child an income, usually around 50%.

Will my wife inherit my State Pension when I die?

You may be able to inherit or increase your State Pension if your spouse or civil partner has died. You will not be able to inherit anything if you remarry or form a new civil partnership before you reach State Pension age.

Are there any death benefits for family members?

The amount available depends on state law, and generally ranges from a few thousand dollars to several tens of thousands. Family members may be entitled to some other death benefits, depending on the circumstances of the deceased’s life, health, and employment.

Who is the default beneficiary if you are not married?

If you’re married at the time of your death, the default beneficiary is your surviving spouse. If you’re not married, your default beneficiary is your estate, and the heirs of your estate may be determined by state laws. What benefits are payable to beneficiaries?

Can a primary beneficiary receive more than 100% of benefits?

Beneficiaries may be designated as primary or secondary beneficiaries. The primary beneficiary you name will receive 100% of eligible benefits. If you designate more than one primary beneficiary, the benefits will be divided equally among them unless otherwise specified.