Will spouse get superannuation after husband death ?

POSTED BY sharanmr85 ON March 25, 2014 1:19 pm ONE COMMENT

I have a query about the Superannuation scheme. The individual was subscribing to Superannuation and had contributed for over 5-6 years till his death. Now will the spouse(nominee) be able to withdraw the corpus completely?
The employer is asking her to withdraw 1/3rd and subscribe to a pension scheme from LIC for the remaining amount. Please clarify if there is any compulsory requirement for subscribing to pension rather than complete withdrawal.

One reply on this article “Will spouse get superannuation after husband death ?”

  1. ashalanshu says:

    Dear Sharan, individual agreement between LIC and employer in this case needs to be examined. Only after that any comment can be made.

    Thanks

    Ashal

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