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.