The Pension Scheme - NUI Galway

On your death, Pension Schemes provide a Spouse’s Pension and a lump sum. The lump sum is approximately 1 year’s salary. The maximum lump sum in the Joint Pension Scheme could be 1½ times salary, but in practice the lump sum for death-in-service would be 1 year’s salary approximately. This sum is not adequate death cover and it would be prudent for a member of staff, in particular those ... ................
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