If a married man is receiving a Works Pension (Occupational Pension,I have heard it referred to as well)..when he dies,will his widow carry on receiving it or part of it?
Depends on the terms of the pension scheme. if I or my husband die the other will receive 50% of the pension. When my stepfather died my Mum did not get anything.
kloofnek it varies with each pension company they all have their own rules. But it is normal that a widow does not get the full pension for the rest of her life.
Just to add that some pensions have a provision whereby, if you have taken a lump sum in return for a lower pension, the widow receives 50% of the (higher) pension that would have been paid had you not taken the lump sum. As others have said, the answer lies in the scheme rules/booklet.
A lot of pensions have a Life Policy written in to them. These pay out if the recipient dies within a set timescale (my pension scheme is 5 years) but will be reduced by any pension already paid out.
It may be in Chrissa's situation that her husband's pension did not pay a spouses pension but she has been receiving the remainder of the insurance as a monthly pension payment.