Paragraph 16
To make arrangements to pay any sum or sums by way of pension, allowance or gratuity that the University Court considers appropriate to—
(a)
any member of staff of the University, on retirement, through age or permanent incapacity, from the employment of the University, or
(b)
the surviving spouse or any dependant of any such member of staff in the event of the death of the member in the employment of the University,
in respect of any period of the member of staff’s service in the employment of the University.