Chwilio Deddfwriaeth

The National Insurance (Modification of the London Transport and Railway Pension Schemes) Regulations 1956

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6.—(1) This Regulation applies to every member of a railway pension scheme to whom Regulation 3 or Regulation 4 or Regulation 5 of these Regulations applies.

(2) Where a member of a railway pension scheme to whom this Regulation applies dies before becoming entitled to a superannuation allowance under the rules of his scheme and the sum payable thereunder to his legal personal representative falls to be calculated otherwise than by reference to the contributions paid by or in respect of him, the sum so payable shall be reduced by a sum equal in amount to the difference between the aggregate of all sums paid by or in respect of him by way of contributions under the scheme (other than sums deemed to have been so paid by virtue of paragraph (1) of Regulation 7 of these Regulations) and the aggregate of all sums which would have been so payable under the scheme had these Regulations not been made:

Provided that the sum payable to his legal personal representative under the rules of his scheme shall not be reduced under the provisions of this paragraph to an amount less than that which would have been so payable had the sum payable under the scheme been calculated by reference to the contributions paid by or in respect of him thereunder.

(3) Where a member of a railway pension scheme to whom this Regulation applies becomes entitled to a superannuation allowance and dies without having received under the rules of his scheme an amount equal in amount to the sum which would have been payable to his legal personal representative under the scheme as amended by paragraph (2) of this Regulation if he had died on the day before that on which he became entitled to a superannuation allowance, the persons administering his scheme or, as the case may be, the persons in whom any funds held for the purposes of the scheme are vested, shall pay to his legal personal representative an amount equal to the difference between the said sum and the aggregate amount of all the sums paid to him by way of superannuation allowance.

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