PART 9Death benefits

Chapter 2Pensions for surviving adults

Annual rate of surviving adult’s pensions payable on death of deferred member139

1

This regulation applies on the death of a deferred member of this scheme.

2

The annual rate of a surviving adult’s earned pension is an amount equal to 50% of the sum of the provisional amount of deferred earned pension specified in the deferred member’s account.

3

The annual rate of a surviving adult’s added pension is an amount equal to 50% of the provisional amount of deferred added (all beneficiaries) pension specified in the deferred member’s account.

4

In this regulation “deferred earned pension” means —

a

deferred standard earned pension; and

b

deferred club transfer earned pension (if any).