PART 10Benefits for pension credit members
Death grant: death of pension credit member before benefits payable104.
(1)
A death grant F1may be paid on the death of a pension credit member (D) who dies before pension credit retirement benefits become payable under regulation 105 (pension credit retirement benefits).
(2)
The amount of the death grant is—
(a)
where D had a normal pension age of 60, an amount equal to the amount of the pension credit retirement lump sum which would have been payable if D had reached that age at the date of D's death, and
(b)
where D had a normal pension age of 65, an amount equal to the amount of the pension credit retirement lump sum which would have been payable if D had had a normal pension age of 60 and had reached that age at the date of D's death.