Death grant: death of pension credit member before benefits payableE+W+S
104.—(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.
Textual Amendments
F1Words in reg. 104(1) substituted (retrospective to 1.9.2010) by The Teachers' Pensions Schemes (Amendment) Regulations 2018 (S.I. 2018/218), regs. 1(2)(a), 2(2)