What if I die?

If you die while you’re still working for Cummins

• Your spouse or partner will receive a pension of at least 50% of your prospective retirement pension.
• Your beneficiaries will also receive a tax-free lump sum of between three and four times your basic annual salary.

See Lump sum allowances for information about the limits that might apply.

If you die after you leave Cummins but before you retire

• Your spouse or dependant will receive a pension of at least 50% of the pension amount at the date of your death.

If you die after retiring

• Your spouse or partner will receive a pension.
• If you die within five years of retiring, your beneficiaries will receive a lump sum that’s equal to the value of the remaining payments that would have been made during that five-year period, if you hadn’t died.

Actions:

• Log in to nominate your beneficiaries – let us know who you would like to receive these valuable benefits if you die.