Annual rate of surviving adult's pensions payable on death of deferred memberU.K.
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Memorandwm Esboniadol
140.—(1) This regulation applies on the death of a deferred member of this scheme.
(2) The annual rate of a surviving adult's earned pension is an amount equal to 50% of the sum of the provisional amount of deferred earned pension specified in the deferred member's account.
(3) The annual rate of a surviving adult's added pension is an amount equal to 50% of the provisional amount of deferred added (all beneficiaries) pension specified in the deferred member's account.
(4) In this regulation “deferred earned pension” means—
(a)deferred standard earned pension; and
(b)deferred club transfer earned pension (if any).