About the Fund | Library | FAQs | Help & Support

Welcome to the

General Motors
(VACPF) Pension Fund

Welcome to the

General Motors
(VACPF) Pension Fund

What happens if...

Things change and when they do, the Fund can provide valuable support for you and your family.

You die

…with a deferred pension 

If your deferred pension has not come into payment, a spouse’s GMP is payable.


If no spouse’s or civil partner’s pension is payable, your own contributions to the Fund with interest are payable as a lump sum. 


…in retirement 

If you die and your pension is in payment, your spouse or civil partner will receive half of the basic pension you were entitled to when you retired (before any exchange of pension for a cash sum). If no spouse’s or civil partner’s pension is payable and you die within five years of your pension starting, a lump sum is payable equal to your own contributions to the Fund with interest, less the total value of pension instalments already paid to you and any tax-free cash.

You transfer out

You are entitled to transfer your pension to another pension arrangement. Please remember that the Fund pension is a valuable benefit. If you wish to consider transferring your benefits, it would be advisable to seek independent financial advice. If your transfer value is higher than £30,000, it is a requirement to take independent financial advice.


If you are interested in transferring your Fund benefits, you can request a transfer value from the Pension Department. Your transfer value is guaranteed for three months from the date it is calculated. You are entitled to a statement once a year, unless it is required for divorce proceedings.

We use cookies to personalize content and to analyze our traffic. Please decide if you are willing to accept cookies from our website.