The Superannuation Arrangements
of the University of London

Death

If you need to tell us that a SAUL member has died, please get in touch. We'll let you know what to send us and what happens next.

SAUL provides pensions and tax-free lump sums for your beneficiaries if you die.

Find out what happens if you die:

while paying in to SAUL

If you die while paying in to SAUL, your beneficiaries will get pensions and tax-free lump sums from SAUL.

Pension

Your spouse will get two-thirds of the pension that would have been paid to you, assuming you paid in to SAUL until the last day of the month before your 65th birthday.

Spouse means your opposite or same sex spouse or your civil partner. If you're not married, the Trustee can pay a pension to another adult who shares bills or other living expenses with you.

If your spouse is more than 15 years younger than you, the Trustee can reduce your spouse's pension.

 Your spouse will receive a pension for the rest of their life, even if they re-marry.

Spouse's pensions increase each year in the same way as pensions paid to retired SAUL members.

You can find out more in the Life changes section.

If you are separated from your spouse, but still married, the Trustee is legally obliged to pay your spouse a pension. However, if you are living with another adult who is dependent on you, the Trustee may decide to pay part of the spouse’s pension to them too.

Child allowances

Your children may receive an allowance from SAUL. Child allowances are payable until your child's 18th birthday or their 23rd birthday if they're still in full-time education.

If your child has a disability, their allowance may be paid to them after their 23rd birthday.

Child allowances increase each year in the same way as pensions for spouses and retired SAUL members.

More information about how much allowance your child might receive is available in the Life changes section.

Tax-free lump sums

Your beneficiaries will get tax-free lump sums from SAUL of:

  • four times your salary at the day you die
  • the money you paid in to SAUL plus interest

 The Trustee decides who'll receive these lump sums. This is so your beneficiaries don't have to pay inheritance tax on the money they get from SAUL.

 

after you leave your SAUL employer

If you die after you leave your SAUL employer but before you get your pension, your beneficiaries will get pensions and a tax-free lump sum.

Pension

Your spouse's pension will be two-thirds of the pension you built up while you were paying in to SAUL. We'll increase the pension between the day you stopped paying in to SAUL and the day you die to account for inflation.

If your spouse is more than 15 years younger than you, the Trustee may reduce their pension.

Spouse means your opposite or same sex spouse or your civil partner. If you don't have a spouse, the Trustee can pay a pension to another adult who shares bills or other living expenses with you.

 Your spouse will receive a pension for the rest of their life, even if they re-marry.

Spouse's pensions increase in the same way as pensions paid to retired SAUL members.

Child allowance

Your children may get an allowance from SAUL.

Child's allowances are payable until your child's 18th birthday, or their 23rd birthday if they're still in full-time education.

If your child has a disability, their allowance may be paid to them after their 23rd birthday.

Child allowances increase in the same way as pensions paid to retired SAUL members and spouses.

You can find out more about how much allowance your children might receive in the Life changes section.

Tax-free lump sums

Your beneficiaries will get a tax free lump sum, which is the greater of:

  • the money you paid in to SAUL plus interest, or
  • the lump sum you would've received if you'd retired from SAUL the day before you died.

 The Trustee decides who will receive the lump sum. This is so your beneficiaries don't have to pay inheritance tax on the money they get from SAUL. 

It's very important to complete a Letter of Intent and keep it up to date if your circumstances change. This will help the Trustee decide who should get tax-free lump sums from SAUL if you die.

You can find further information about what happens if you die after you retire in the Getting your pension section and in the Retirement booklet.


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Contact Us

If you have a question about SAUL or need to talk to us about your pension, please get in touch.

Email:
gen@saul.org.uk

Address:
SAUL Trustee Company
1 King's Arms Yard
London
EC2R 7AF

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