Spouse's Fraction

The field determines the proportion of pension paid to a spouse in the event of the member’s death in retirement ( i.e. normal, early or ill health retirement). This can either be a fixed percentage for all members or a member specific percentage.

To value a fixed percentage for all members enter the figure here. For 50% enter 50.

To value a member specific percentage, select from the drop-down list the data item containing the member specific spouse’s proportion. The data item should be in the form of a percentage so for 50% enter 50.

Users will have the option to override this value on the Slices or PUPs Tab for a particular benefit.