PART FLUMP SUM ON DEATH
Lump sum where member dies with preserved pensionF3
1
If a member leaves pensionable employment with a preserved pension under regulation E12 (preserved pension) and dies before becoming entitled to receive a pension under this Section of the scheme, a lump sum will be paid in accordance with regulation F5.
2
The lump sum will be equal to 3 times the yearly rate of the member’s preserved pension calculated as if the member had become entitled to it immediately before the member’s death.