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PART 8N.I.Death benefits

CHAPTER 1N.I.Pensions for surviving adults

Annual rate of surviving adult’s pensions payable on death of deferred memberN.I.

109.—(1) This regulation applies on the death of a deferred member of this scheme.

(2) The annual rate of a dependant’s earned pension is an amount equal to 37.5% of the sum of the provisional amount of deferred earned pension specified in the deferred member’s account.

(3) The annual rate of a dependant’s added pension is an amount equal to 37.5% of the provisional amount of deferred added (all beneficiaries) pension specified in the deferred member’s account.

Commencement Information

I1Reg. 109 in operation at 1.4.2015, see reg. 1(3)