Additional survivor benefit contributions (ASBC)
If you have nominated your cohabiting partner to receive a survivor’s pension in the event of your death, only membership you have built up since 6 April 1988 will count towards your partner’s pension. You may be able to pay extra to increase the pension for your partner if
- You have pre 6 April 1988 membership in your current employment or
- You built up Local Government Pension Scheme membership before 6 April 1988 that you have combined with membership in your current employment
- You have nominated a cohabiting partner to receive a survivor's pension
- You elect to pay ASBCs within a year of first nominating your partner (or by 31st March 2013 for existing nominations)
- You continue to contribute to the LGPS and earn enough to make ASBCs from your pay
- The ASBCs begin before your 64th birthday
What are the costs?
The Contract to pay ASBC document explains these benefits in more detail. You should use this document along with the 'Factors to use for Purchase of Additional Survivor Benefits' guidance to work out how much it will cost you.
ASBC payments are deducted from your pay in the same way as your normal LGPS contributions.
If you have any further questions please email us at Pensions Services.