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Who Can Receive a Family Pension?

Learn more about the best saving plan for your retirement.

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What Happens to the Pension if the Nominee Passes Away?

Learn more about the best saving plan for your retirement.

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Glossary

Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.

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Second paragraph125 words

FAQs

Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.

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Save, Dream, Plan. Live Peacefully

Option to choose premium payment term Get Tax benefits

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Save, Dream, Plan. Live Peacefully

Option to choose premium payment term Get Tax benefits

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Popular Searches

Retirement Calculator Best Retirement Plan Senior Citizen Card Saral Pension Plan NPS Withdrawal Pension4Life Plan Retirement Planning 5 Retirement Tips National Pension Scheme NPS Pension Calculator

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Popular Searches

Retirement Calculator Best Retirement Plan Senior Citizen Card Saral Pension Plan NPS Withdrawal Pension4Life Plan Retirement Planning 5 Retirement Tips National Pension Scheme NPS Pension Calculator

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Popular Searches

Types of Pension Plan Guaranteed Pension Plan Is Pension Taxable How to Check Old Age Pension Status Benefits of Pension Plan How GST Applies to Pension Plan?

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Popular Searches

Types of Pension Plan Guaranteed Pension Plan Is Pension Taxable How to Check Old Age Pension Status Benefits of Pension Plan How GST Applies to Pension Plan?

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Popular Searches

Tax Planning for Retirement Types of Retirement Plans Guaranteed Pension Plans Retirement Income Plans

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Popular Searches

Tax Planning for Retirement Types of Retirement Plans Guaranteed Pension Plans Retirement Income Plans

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Fixed Returns, Zero Risks & Worries

4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover

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Fixed Returns, Zero Risks & Worries

4 Plan options Life cover + Guaranteed benefits Accidental death benefit Premium protection cover

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Retirement - Top Selling Plans

We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.

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Second paragraph61 words

Retirement - Top Selling Plans

We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.

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Key Takeaways

A family pension is a crucial financial safety net for dependents of deceased government employees/pensioners, ensuring they receive a regular income.

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What is a Family Pension?

A family pension is a regular monthly income paid to the dependents of a deceased government or private-sector pensioner. It acts as a continuation of the pension, offering financial assistance to the surviving spouse , children, or, in some cases, dependent parents.

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Retire Grand with Flexi Benefits

Guaranteed Lifelong Income Limited premium payment term Multiple annuity options Option to defer the annuity payments

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Retire Grand with Flexi Benefits

Limited premium payment term Multiple annuity options Option to defer the annuity payments

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Eligibility Criteria for Family Pension

Eligibility for Children: The family pension can be paid to your surviving children in the following order: Pension is paid to the eldest eligible child and will continue to the younger children after the elder ones become ineligible Twins will receive the pension amount equally A male child (or widowed daughter) will receive the pension until the age of 25, marriage, or until he starts to earn If the deceased pensioner's spouse adopts a child, the child will not be eligible for a family pension upon the spouse's death

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Who is Eligible to Receive a Family Pension?

Children : Unmarried or dependent children, typically up to the age of 25, are eligible to receive the family pension. In the case of children with disabilities, the benefit may continue beyond this age limit, subject to the scheme’s provisions.

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What is a Family Pension?

January 5, 2026 10 minutes read

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How Family Pension Works After the Death of a Pensioner?

Know your rights and the steps to claim family pension in India after the pensioner's demise. July 7, 2026 8 minutes read