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Pension Schemes Act 1993, Section 27A is up to date with all changes known to be in force on or before 10 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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(1)The rules of the scheme must provide that if, in the case of a member who is married or who has a civil partner, effect is to be given to the protected rights of the member by—
(a)the provision by the scheme of a pension, or
(b)the purchase by the scheme of an annuity,
the requirement set out in subsection (2) must be satisfied in relation to the pension or annuity.
(2)The requirement is that, in a case where—
(a)the member dies while the pension or annuity is payable to him or her, and
(b)the member is survived by a widow, widower or surviving civil partner (“the survivor”),
the pension or annuity is payable to the survivor in prescribed circumstances and for the prescribed period at an annual rate which at any given time is one-half of the rate at which it would have been payable to the member if the member had been living at that time.
(3)The rules of the scheme must provide that, if effect is to be given to a member's protected rights by the provision of a lump sum, the prescribed conditions must be satisfied.
(4)The rules of the scheme must provide that, if—
(a)a member has died without effect being given to his or her protected rights, and
(b)the member is survived by a widow, widower or surviving civil partner,
effect is to be given to the protected rights in such manner as may be prescribed.]
Textual Amendments
F1S. 27A inserted (26.9.2007 for specified purposes) by Pensions Act 2007 (c. 22), ss. 15(4), 30(2)(b)(3), Sch. 4 para. 10 (with Sch. 4 Pt. 3)
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