PART 9Death benefits

CHAPTER 2Pensions for surviving adults

Annual rate of surviving adult's pensions payable on death of deferred member140.

(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).