Regulation 68 Payments treated as not being payments to which section 3 appliesI1

any pension payment made to a claimant as a beneficiary on the death of a member of any pension scheme;

any PPF periodic payment made to a claimant as a beneficiary on the death of a person entitled to such a payment;

where a pension scheme is in deficit or has insufficient resources to meet the full pension payment, the extent of the shortfall;

any pension payment made under an instrument specified in section 639(2) of the Income Tax (Earnings and Pensions) Act 2003^f1;

any guaranteed income payment (which means a payment made under Article 15(1)(a) or 29(1)(a) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011^f2;

any permanent health insurance payment in respect of which the employee had contributed to the premium to the extent of more than 50 per cent..