Life events

For pensioners and dependants, WTW needs to have up-to-date contact details for you to ensure uninterrupted payment of your pension, so please let them know if you move home.

You can use the Change of address form to update your details or call WTW on 01707 607 608.

You can still take your pension from the Fund if you live overseas. Your pension will normally be paid by bank transfer and can be paid to a non-UK bank if you wish.

Your pension will be calculated in Sterling, so if you want it to be paid in local currency, there may be a cost to do this from the bank. If you are resident for tax purposes in a country outside the UK, you will need to consider any local tax issues which may arise due to your new income.

You may also be able to transfer your Roche pension to an overseas approved pension arrangement, provided you have taken advice from a UK registered financial adviser if your transfer value is more than £30,000 where required. 

If you need to update your bank details, please complete a Changing bank details form and return it to WTW before the relevant cut-off date for each month, so that the change can be made in good time. 

You can find the cut-off dates for the year 2023/24 on the Overview page, under the pension pay dates tab.

If you hold a Power of Attorney over a Roche pensioner, please send a copy to the team at WTW for their information.

Pensions are taken into account during divorce or civil partnership dissolution settlement discussions.

If you divorce, your solicitor will need to consider any benefits you and your spouse or partner may have, including benefits payable from the Fund.

Please ask your solicitor to contact WTW for the necessary information before a pension sharing or earmarking order is drafted.

If you are a retired member, a pension will be payable to your surviving spouse (i.e. widow or widower) or civil partner on your death. This will be equal to two-thirds of your pension (ignoring any reduction made for taking cash at retirement or retiring early). If your dependant (except in the case of children) is more than ten years younger than you, their pension will be reduced by an amount determined by the Trustee.

If you’re not married, you can nominate someone who is financially dependent or interdependent on you to receive the dependant’s pension. You can do this by completing a Nomination form and returning it to WTW for your records to be updated.

Please note that the Trustee has absolute discretion as to whom pensions should be paid on a member’s death.

If you have any dependent children, they may also each receive an allowance. 

You can find out more about benefits on death in the DB Section member booklet.