The Public Service (Civil Servants and Others) Pensions Regulations 2014
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Change 1
131 Amount payable on death of deferred member or pensioner member (death out of service)
(1) This regulation applies in relation to a continuous period of pensionable service under this scheme (“period of service”). (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) For the purpose of this regulation, a person dies out of service if the person— (a) dies while a deferred member or pensioner member of this scheme in relation to that period of service; and (b) is not an active member of the scheme when the person dies. (4) The amount of the lump sum death benefit payable in respect of a person who dies out of service is equal to— (a) the total annual amount of P’s full retirement pensions in relation to that period of service, multiplied by 5; less (b) the total amount of any payments of retirement pension made to P under this scheme. (5) In paragraph (4)(a), “total annual amount” in relation to P’s full retirement pensions means the total of— (a) the annual rate of each description of full retirement pension calculated as if the beginning date for that pension were– (i) if P died while a deferred member of the scheme, the date of P’s death; or (ii) if P died while a pensioner member of the scheme, the day P’s pension was deemed to begin for the purposes of section 8(2) (meaning of “pension” and other supplementary provisions) of the PIA 1971; and (b) the amount of any increase in the annual rate of that pension under PIA1971 payable as at the date of P’s death. (6) The calculation in paragraph (5)(a) is carried out without subtracting any early payment reduction. (7) For the purpose of this regulation any amounts paid or payable to or in respect of the member in the capacity of a pension credit member are disregarded.
131 Amount payable on death of deferred member or pensioner member (death out of service)
(1) This regulation applies in relation to a continuous period of pensionable service under this scheme (“period of service”). (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) For the purpose of this regulation, a person dies out of service if the person— (a) dies while a deferred member or pensioner member of this scheme in relation to that period of service; and (b) is not an active member of the scheme when the person dies. (4) The amount of the lump sum death benefit payable in respect of a person who dies out of service is equal to— (a) the total annual amount of P’s full retirement pensions in relation to that period of service, multiplied by 5; less (b) the total amount of any payments of retirement pension made to P under this scheme. (5) In paragraph (4)(a), “total annual amount” in relation to P’s full retirement pensions means the total of— (a) the annual rate of each description of full retirement pension calculated as if the beginning date for that pension were– (i) if P died while a deferred member of the scheme, the date of P’s death; or (ii) if P died while a pensioner member of the scheme, the day P’s pension was deemed to begin for the purposes of section 8(2) (meaning of “pension” and other supplementary provisions) of the PIA 1971; and (b) the amount of any increase in the annual rate of that pension under PIA1971 payable as at the date of P’s death. (6) The calculation in paragraph (5)(a) is carried out without subtracting any early payment reduction. (7) For the purpose of this regulation any amounts paid or payable to or in respect of the member in the capacity of a pension credit member are disregarded.
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