NIS Barbados Survivors’ Benefit : National Insurance Scheme

Organization : National Insurance Scheme (NIS)
Facility : Survivors’ Benefit
Country : Barbados
Website : https://www.nis.gov.bb/survivors-grant-pension/

What is Survivors’ Benefit?

Survivors’ benefit may either be a grant or pension. A surviving spouse and children of a deceased insured person qualify for a Survivors’ Benefit, if the deceased at the time of death was receiving or was qualified to receive Invalidity or Old-Age Contributory Benefit. A surviving spouse and children of a deceased insured person qualify for a Survivors’ Benefit, if the deceased at the time of death was receiving or was qualified to receive Invalidity or Old-Age Contributory Benefit.

Related / Similar Facility : NIS Barbados Invalidity Grant/ Pension Benefit

Benefits of Survivors’ Benefit

Benefits of Children and Survivors:
Children who qualify for Survivors’ Benefit are unmarried children including adopted children and step-children who at the date of the parent’s death were living with or were wholly or mainly maintained by the parent.

Survivors’ pension is payable in respect of a child until his 16th birthday. Where the child is in full time education at an approved educational institution, until his 25th birthday. If a child is an invalid, he retains his qualification for Survivors’ Benefit so long as invalidity lasts.

Benefits of Spouses and Survivors:
** A common-law spouse may be treated as a surviving widow/widower when no legal spouse exists.
** A spouse of 50 years and over and had been married to the deceased for not less than 3 years shall be entitled to a survivors pension for life or until he/she becomes entitled to a pension in his/her own right at a higher rate.
** A spouse of 45 years or over and had been married to the deceased for not less than 3 years at the time of the person’s death, shall qualify for a survivors pension for life or until he/she becomes entitled to a pension in his/ her own right at a higher rate.
** However, Survivors’ Benefit is payable for only (1) year in respect of a marriage contracted after an insured person had been granted an invalidity or old-age contributory pension and 3 years or more before death of the insured person.
** An invalid spouse, below the age of 50 who had been married for not less than three years at the time of the partner’s death, qualifies for a pension during the period of invalidity.
** All other spouses qualify for a pension for one year.
** Payments to survivors cease on marriage, remarriage or cohabitation as man and wife.

How is Survivors’ Benefit Computed?

** Survivors’ benefit payable to a widow/widower who at the time of the death of the insured was 50 years or over and married for at least 3 years, would be entitled to a pension of one-half (1/2) of the amount which would have been payable as invalidity or old age contributory benefit to the deceased spouse had he/she been alive.
** For spouses 45 years and over, they would be entitled to a pension of one-third (1/3) of the maximum pension available for payment to survivors.
** Survivor’s benefit payable to a child is one-sixth (1/6) of the amount which would have been payable to the parent had, he/she been alive. However, if a child is an orphan or an invalid, he may receive one-third (1/3).
** In no case can the total survivors’ benefit payable exceed the amount which would have been payable to the deceased person at the time of his death.