Calculation of a short-term child pension of an eligible child of a transition member43A

1

This paragraph applies to a short-term child pension payment to a child of a transition member.

2

The short-term rate of child pension—

a

is payable under this scheme; but

b

is not payable under regulation 98 of the existing scheme regulations.

Rate of a long-term child pension of an eligible child of a transition member43B

The long-term rate of a child pension of an eligible child (C) of a transition member is the sum of—

a

the child pension under this scheme;

b

the child pension under the existing scheme;

c

any enhancement to which C is entitled under regulation 152 of these Regulations, and

d

any enhancement to which C is entitled under Part 3 of Schedule 9 of the existing scheme regulations.

Reduction of child pension43C

1

This paragraph applies if the eligible child (C) of a transition member applies—

a

for payment of a child pension under this scheme; and

b

for payment of a child pension under the existing scheme.

2

The scheme manager may determine after taking advice from the scheme actuary that either or both of the following enhancement of child pension benefits are reduced—

a

C’s enhancement of a child pension under regulation 152 of these Regulations;

b

C’s enhancement of a child pension under Part 3 of Schedule 9 to the existing scheme benefits.