Nobody likes to think about what will happen to their dependants if they die, but unfortunately it is a necessary detail. The scheme provides a lump-sum payment of the value of your Members Account.

Should you die before taking benefits from your Members Account, the Trustee will, using their discretion, pay a lump sum equal to the value of your Members Account to your personal representatives, dependants, financial dependants, relatives, or other persons, in such proportions as determined by the Trustee.

Any lump sum awarded to a spouse or dependant may be used to secure a lifetime pension income. Lump sums awarded to minors may be used to secure term specific income until the child attains age 18, or ceases full time education or vocational training.