
Print Options
PrintThe Whole
Instrument
PrintThis
Section
only
Status:
Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). Dim ond ar ei ffurf wreiddiol y mae’r eitem hon o ddeddfwriaeth ar gael ar hyn o bryd.
Reduced pension for younger adult survivors
This
adran has no associated
Memorandwm Esboniadol
11. After article 15 of the Principal Order a new article shall be inserted–
“Reductions in adult survivors' pensions
15A—(1) Subject to paragraph (3), where on the death of a participant a pension is payable under article 12 or article 12A to a person (“the beneficiary”) who is more than 12 years younger than the participant, the amount of the pension calculated in accordance with paragraph (3) of article 12 or paragraph (3) of article 12A shall be reduced by the appropriate amount.
(2) The appropriate amount is the lesser of–
(a)50 per cent of the pension so calculated, and
(b)2.5 per cent of the pension so calculated multiplied by N,
where N is the number of whole years or part years in excess of 12 by which the beneficiary is younger than the participant.
(3) This article shall not apply to the pension of an adult survivor of a person if –
(a)the person was a participant at any time before 3rd November 2004; and
(b)before 1st May 2006 the person and the adult survivor married or formed a civil partnership or made a declaration in accordance with sub-paragraph (1)(a) of article 12A.”
Yn ôl i’r brig