SCHEDULES
SCHEDULE 28Registered pension schemes: authorised pensions—supplementary
Part 2Pension death benefit rules
Money purchase arrangements
17Dependants' annuity
1
An annuity payable to a dependant is a dependants' annuity if—
a
it is payable by an insurance company,
b
the member or dependant had an opportunity to select the insurance company,
c
it is a level annuity, an increasing annuity or a relevant linked annuity,
d
where the dependant is not the member’s child, it is payable until the dependant’s death or until the earlier of the dependant’s marrying or dying, and
e
where the dependant is the member’s child, it is payable until the earlier of the dependant’s ceasing to be a dependant or dying, or until the earliest of the dependant’s marrying, ceasing to be a dependant or dying.
2
“Level annuity” and “increasing annuity” have the same meaning as in paragraph 3 and “relevant linked annuity” has the meaning that it would have in that paragraph if the reference to the member in sub-paragraph (6) were to the dependant.