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93(1)This rule applies where an individual entitled to a pension credit (see section 29(1)(b) of the Welfare Reform and Pensions Act 1999 (c. 30)) dies before the Fund trustees have discharged their liability in respect of that credit.
(2)Where this rule applies, the Fund trustees may pay a lump sum to the individual’s personal representatives of any amount they think fit (up to a maximum of 25% of the pension credit).
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