Prior to 1st April 2018, members paying the minimum 2% employee contribution to the Plan were entitled life assurance of two times pensionable salary.

From 1st April 2018 all members of the Experian Retirement Savings Plan will be entitled to life assurance of four times pensionable salary. This means that if you die whilst in pensionable service, your beneficiaries are entitled to four times the higher of your pensionable pay in the twelve months prior to death or your pensionable pay in any of the last three Plan years ending before your death. This lump sum death benefit is paid in addition to the accumulated value of your retirement savings, at the discretion of the Trustees of the Plan.

Full details of this benefit can be found in the “All about the Plan” section of the Plan website.