PART 6Death benefits

CHAPTER 4Lump sum death benefits

Meaning of “annualised final pay”94

1

For the purpose of this Chapter, a member’s annualised final pay is FP x 365/N where—

a

FP is the member’s pensionable pay during the member’s continuous period of pensionable service; and

b

N is the number of days in that period.

2

But if the continuous period of pensionable service includes the day 29th February, paragraph (1) has effect with the substitution for “365” of “366”.