Can your next of kin access your contributory pension

[Hades]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

 

[Niftyyem]

I think they can, provided their names were put down as next of kin when setting up the scheme. It is your money, so if not there, a loved one should be able to have access to it.

 

[Donkiz]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

One's next of kin can access his pension when the person is dead after providing some required documents which differs from country to country. In my country, the next of kin is expected to provide what is called "letter of administration" from a High Court which automatically gives the government 10% of the total worth of the pension and other gratuities of the deceased person, before the next of kin can access the pension.

 

[Josemendez]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

Your question is quite confusing . There is quite a difference between pension and contributory pension. For normal pension paid by government , after the death of the person , none can have access to the pension money .

 

[Alexandoy]

I don't understand the term access because what I understand is when a member of the social security system dies the next of kin becomes the administrator. Usually it is the spouse next are children and if single it can be a sibling or even parents. In our experience it is not easy to get the benefits if the next of kin cannot come forward to claim it. When that happens you can say goodbye to the benefits.

 

[Sincerem]

The next of kin can only access the one that stalled him or her as next kin passes away in the cold hands of death. You can access one's account as a next of kin when the real owner is still alive. It is only accessible when the owner is dead.

 

[Kayzzy3]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

Yes your loved one who is your next of kin can access you pension or other dividends when necessary through the proper process.

I think that the essence of next of kin.

 

[Hasan Raza]

Pension and contributory both are different from each other.
Your question is quite confusing . There is a difference between pension and contributory pension. For normal pension paid by government , after the death of the person , and the contributory pension is lum sum amount which is given at the time of retirement that is also given to the next of kin if employee died in service .

 

[Sariana23]

In my country, when the government employee dies, the corresponding pension is transferred to the wife or husband and is called a survivor's pension, in the event that both die and have children with disabilities or minors, it corresponds to them. Otherwise, there is no benefit to any other member of the family.

 

[Zanekhan]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

Yes, One next to kin can get the right of pension if the person is alone. In the case of family, the right of pension will transfer to wife instantly. But after the death of wife, only widow daughter has right to take pension rights. Otherwise it can be shifted towards next to kin on the basis of appeal.

 

[Abibatabosede]

It's absolutely possible for the next of kin to access the contributory pension if the system is not fraud base.
There is possibility because in every financial system everyone is eligible to giving a person to be entitled to the benefits of his contribution.

 

[Richard92]

Pension is not hereditary, once the person who is entitled to the pension dies, they stop the payment, the only time your next of kin can access your pension is when you are alive and maybe you send him/her to help in some processes and redeeming of your pension salary due to one reason or the other. The only thing that stops payment of pension salary is death of the beneficiary.

 

[Chumzy]

Yes of course. Your next of kin can access that as part of his or her inheritance. A contributory pension scheme is not different from the regular pension scheme. It is called contributary because both the employee and the employer contributes towards the scheme.

 

[Trojan8]

Yes, they can especially if the owner of the pension is invalid (can't do things on his own) or dead. In both cases, you need a medical report or a death report as claim to such funds. Of course you have to be listed as the next of kin before you can use this power.

 

[GIFTMICHAEL]

Pension terminate ones the pensioner die. The pension fund administrators are there to make profit with pensioners funds.
For instance if this happens to be an assurance organization they will be happy that the pensioner die for them eat the remaining balance. Next of kind to me doesn't benefit anything when the pensioner is dead unless it has been amended.

 

[Sariana23]

It's absolutely possible for the next of kin to access the contributory pension if the system is not fraud base.
There is possibility because in every financial system everyone is eligible to giving a person to be entitled to the benefits of his contribution.

It is strange that in your country you can do that, surely it is about private pensions. Because government pensions and social security in my country, it is not possible only with the exceptions of pension for survivor (spouse) and the pension for disability or minor children, in the case that both parents have died.

 

[Erik4150]

In my country only the wife or husband of the pensioner can stand in place as a beneficiary and receive pension funds when the pensioner dies.
A next of kin that is not a spouse has no access to the pension fund.

 

[HIFSA LAHORI]

Like in Pakistan, when pension holder person dies. His / her family get pension. As per policy of Pakistan Government son take pension till 20 age but daughters take pension till marriage. Family submitted documents to department for clearance of dies person then family takes access to pension. There are some percentage of division in next of kins which are vary in each country as per government rule.

 

[Highflyer]

If the deceased hadn't yet retired: most schemes will pay out a lump sum that is typically two or four times their salary. if the person who died was under age 75, this lump sum is tax-free. this type of pension usually also pays a taxable 'survivor's pension' to the deceased's spouse, civil partner or dependent child.

 

[Nurudeen]

A next of kin can get access to ones properties when one is gone so far there is a document backing it. For a next of kin to have access to pension fund of his or her father or mother, there must be able to present death certificate and some vital documents to proof that the deceased have given the next of kin the order to do that.