The portion of your husband's pension you are entitled to receive upon his death depends entirely on the rules of his specific pension scheme, whether it is a state pension, a defined benefit (final salary) plan, or a defined contribution pension pot. For defined benefit pensions, a surviving spouse typically receives a guaranteed dependent's pension ranging from 50% to 66% of the member's original entitlement, whereas defined contribution pots allow the remaining fund balance to be passed on entirely tax-free or as a continuing drawdown income stream.
1 votes
Marked as accepted