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7.—(1) This paragraph applies where a member who elected to pay additional contributions by Method III has not revoked that election, and he—
(a)dies in pensionable employment leaving a widow or having nominated a beneficiary under regulation E23, or
(b)becomes qualified for retirement benefits while married or after nominating a beneficiary.
(2) Where this paragraph applies, there is to be deducted from the appropriate terminal sum an amount of
where—
A is the member’s average salary,
B is the factor ascertained from Table 3 below, and
C is the period calculated in accordance with sub-paragraph (3).
Age | Factor |
---|---|
39 or under | 3.5 |
40 to 49 | 3.4 |
50 | 3.3 |
51 | 3.3 |
52 | 3.3 |
53 | 3.2 |
54 | 3.2 |
55 | 3.2 |
56 | 3.1 |
57 | 3.1 |
58 | 3.1 |
59 | 3.0 |
60 | 3.0 |
61 | 3.0 |
62 | 3.0 |
63 and over | 2.9 |
(3) The period is
where—
D is the additional period in respect of which the member elected to pay contributions by Method III, together with any additional period for which he elected to pay contributions by Method I or II,
E is his normal service,
F is his credited service,
G is any period or periods for which he has elected to pay family benefit contributions under paragraph 3, and
H is any additional period in respect of which he elected to pay contributions by Method I or II, less his credited service in respect of deemed additional service attributable to contributions so paid, and less any period for which he has elected under paragraph 3(1) to pay family benefit contributions.
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