PART 4Contributions

CHAPTER 4Allocation

Election to allocate pension50

1

A member (M) may elect to allocate a part of the annual amount of M's pension for the provision of a pension after M's death for not more than one individual who is—

a

M's spouse or civil partner; or

b

a dependant of M (within the meaning of paragraph 15(2) or (3) of Schedule 28 to the 2004 Act) M1.

2

An election under this regulation may be made only—

a

at the time M claims the pension under paragraph (4) of Schedule 3; and

b

if M is not already entitled to payment of such a person.

3

Paragraph (2)(b) does not apply in the case of a pension under regulation 83.

4

A pension provided as a result of the election must be calculated in accordance with tables prepared by the scheme actuary.