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Calculating the Life Assurance Lump Sum (LALS) for re-employed pensioners who die in pensionable employment
When a member retires from the NHS Pension Scheme and then returns to pensionable employment, their death in membership Life Assurance Lump Sum (LALS) is worked out differently than if they had died in service before retiring.
Where a re-employed…
Calculating the Life Assurance Lump Sum (LALS) for members who die in pensionable employment following partial retirement
The life assurance lump sum (LALS) payable following members who die in pensionable employment, and have previously retired on partial retirement, is calculated differently.
We have added guidance and some examples of how LALS is calculated within…