Death in Service

Death in Service

AMOUNT OF BENEFIT

Group Life Assurance = As per the scale below - based on final salary

The amount payable to the beneficiaries in the event of the death of a member is cash lump sum calculated as a multiple of the deceased member’s salary in accordance with the following table plus his/her accumulated credit / resignation benefit.

Age Multiple of Salary
> 16 - <24 6
>25 - < 34 4.5
>35 - <44 3.5
>45 - <54 3.25
<55 - <65 3.10

PLUS

  • The Withdrawal Benefit
  • The Funeral Benefit
  • The Family Support