Pensions in Fatal Accident Claims - A Guide to Financial Dependency Claims

Introduction

Dealing with pensions in fatal cases is very different to the treatment of pensions in personal injury claims.

This webinar considers the quantification of pension benefits within a Financial Loss of Dependency Claim and is intended for anyone who prepares (or reviews) Schedules of Loss for claimants in fatal cases and wants to be able to:

1. Understand when, and how, pensions are reflected in a financial loss of dependency
2. Prepare initial calculations of the financial loss of dependency, and
3. Understand when the calculation of the pension benefits may need expert assistance

What You Will Learn

This webinar will cover the following:

• An overview of pensions and the applicable legislation
• What happens to pension schemes on death before, or after, retirement
• Where the state pension fits in
• The documentation required for pensions in a loss of dependency
• When a pension is excluded from a loss of dependency
• Calculating the pension benefits for a loss of dependency - worked examples
• Making appropriate assumptions to simplify the calculations
• Overview of multipliers and discounts for other contingencies
• Calculating the overall financial loss of dependency - worked example
• Loss of survivor’s pension
• Avoiding common pitfalls
• Key triggers indicating the calculations may need expert assistance

This webinar was recorded on 10th January 2023