I die?

It depends on your membership at the time of your death and what section of the Plan you are in:

If you're a member of the EPP section of the Plan

If you die while you’re still an active member of the EPP section of the Plan:

The value of your Pension Pot, including William Hill’s contributions and any AVCs (Additional Voluntary Contributions) you’ve paid, will be used to provide benefits to your beneficiaries.

Plus

A lump sum of 3 x Life Assurance Pay (after you’ve been employed for 12 months).

If you’ve left the EPP section of the Plan but haven’t taken your pension yet:

The value of your Pension Pot, including William Hill’s contributions and any AVCs you’ve paid, will be used to provide benefits to your beneficiaries.

Plus

A lump sum of 3 x Life Assurance Pay (after you’ve been employed for 12 months) if you are still an active employee.

If you’ve retired from the EPP section of the Plan:

If you die after you’ve taken your money from your Pension Pot, the benefits due to your dependants will be determined by how you have taken your pension.

Plus

A lump sum of 3 x Life Assurance Pay (after you’ve been employed for 12 months) if you are still an active employee.

If you are no longer an active employee but haven’t taken your pension yet

The value of your Pension Pot, including William Hill’s contributions and any AVCs you’ve paid, will be used to provide benefits to your beneficiaries.

If you're a member of the PSP section of the Plan

If you die while you’re still a member of the PSP section of the Plan

The value of your Pension Pot, including William Hill’s contributions and any AVCs you’ve paid, will be used to provide benefits to your beneficiaries.

Plus

A minimum of 3 x Life Assurance Pay with additional multiples depending on your position (total cover for each position is shown below):

Position	Multiple
Administration and LBO Staff	6 x Life Assurance Pay
Group and Senior Managers	6 x Life Assurance Pay
Senior Executives	8 x Life Assurance Pay
Directors	8 x Life Assurance Pay

Flex members may have chosen different multiples. If you are unsure of your cover please check your My Rewards details.

If you’ve left the PSP Section of the Plan but haven’t taken your pension yet:

The value of your Pension Pot, including William Hill’s contributions and any AVCs you’ve paid, will be used to provide benefits to your beneficiaries.

Plus

A lump sum of 3 x Life Assurance Pay (after you’ve been employed for 12 months) if you are still an active employee.

If you’ve retired from the PSP Section of the Plan:

If you die after you’ve taken your money from your Pension Pot, the benefits due to your dependants will be determined by how you have taken your pension.

Plus

A lump sum of 3 x Life Assurance Pay (after you’ve been employed for 12 months) if you are still an active employee.

If you are no longer an active employee but haven’t taken your pension yet

The value of your Pension Pot, including William Hill’s contributions and any AVCs you’ve paid, will be used to provide benefits to your beneficiaries.

You were a member of the William Hill Retirement Plan

If you were a member of the William Hill Retirement Plan and you die before you retire:

Spouse’s Pension
Equivalent to one half of the pension you would have received if you had retired on the date of your death. If you don’t have a spouse, then the pension may be payable to someone who is financially dependent on you.

Children’s Pension*
Equivalent to one eighth of the pension you would have received if you had retired on the date of your death.

If you were a member of the William Hill Retirement Plan and you die after you retire:

Spouse’s Pension
Equivalent to one half of the pension you’re receiving at the time of your death. If you don’t have a spouse, then the pension may be payable to someone who is financially dependent on you.

Children’s Pension*
Equivalent to one eighth of the pension you’re receiving at the time of your death.

Lump Sum
If you die within five years of your pension starting, your beneficiaries will receive a lump sum equivalent to five years’ of your starting pension, minus the value of any pension payments you’ve received before your death.
The Trustee will decide who gets this lump sum, so make sure you complete an Expression of Wish form to help the Trustee make their decision.

*Children’s pensions are payable to a maximum of four children, to either age 18 or up to age 22 if in full time education.

It is extremely important that you keep your Expression of Wish form up to date. A link to the form can be found on the GO2HR page or in the library section.

I die?

Rate this site

Rate this page

Rate this site