Regulation 61 Establishment of survivor member’s accountI1

England and Wales

(1)

The scheme manager must establish a pension account for each person who is entitled to a pension under this scheme as a surviving partner or eligible child following the death of an active member, deferred member or pensioner member.

(2)

The scheme manager must—

(a)

close the active member’s account or the deferred member’s account or the retirement account (as the case may be) and the added pension account (if any); and

(b)

establish a pension account for each survivor member.

(3)

For the purpose of these Regulations—

(a)

a person entitled to a pension in the circumstances mentioned in paragraph (1) is called a survivor member; and

(b)

an account established under paragraph (2)(b) is called a survivor member’s account.

Annotations

Commencement

I1: Reg. 61 in force at 1.4.2015, see reg. 1(2)