MPS members can name who they would like to receive any lump sum that might be payable on their death. Lump sums are payable in respect of members who die before their pension has come into payment or who die within the five year guarantee period after their pension is put into payment.
The Trustees have a discretionary power to pay any cash sum on death to a relative or dependant rather than to your estate. Although (mainly for tax reasons) trustees cannot be bound by your nomination, the Scheme’s Trustees will, if you complete an Expression of Wish form, be able to take your wishes into account. You can download and complete a form using
this link or you can ask the Administration Office to send a copy to you.
If you have previously completed an Expression of Wish form, please think about whether your circumstances have changed since then, and whether it might need to be updated.