SCHEDULES

F1C1C2C5C3C6C4 SCHEDULE 6PENSION COMPENSATION PROVISIONS

Annotations:
Amendments (Textual)
F1

mod. by SR 2005/171

Modifications etc. (not altering text)

Survivors who do not meet conditions for scheme benefits at assessment date

22

1

Compensation is payable in accordance with this paragraph where—

a

a member of the scheme has died before the assessment date,

b

as a result of that death, a pension, which is attributable to the member's pensionable service, is payable to that person's widow or widower or any other person ( “the survivor”) if conditions specified in the scheme rules are met, and

c

the survivor first satisfies those conditions on or after that date.

2

The survivor is entitled to periodic compensation in respect of that pension ( “the pension”)—

a

commencing if, and when, the pension would have become payable under the admissible rules, and

b

continuing until such time as entitlement to the pension would have ceased under the admissible rules.

3

The annual rate of the periodic compensation is 100% of the aggregate of—

a

the initial rate of the pension which would have been payable in accordance with the admissible rules had the conditions mentioned in sub-paragraph (1)(c) been satisfied, immediately before the assessment date, and

b

any increases under paragraph 28 (annual increases in periodic compensation).

F24

This paragraph is subject to—

a

paragraph 22A (calculation of compensation on and after 1st January 2024), and

b

paragraph 30 (power of Department to change percentage rates by order).