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Regulation 2.10 Maximum benefits for members falling within regulation 2.2(1)(a)

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Any surviving spouse’s or children’s pension payable to the surviving spouse or child in respect of a deceased member, shall not exceed 2/3rds of the member’s maximum aggregated retirement benefit as determined in regulation 2.7 on the basis that —

(a)

the member had no retained benefits; and

(b)

that, at the date of death he had retired on the ground of ill-health rather than died.

(2)

Where pensions are payable to more than one person, the total amount of those pensions shall not exceed the member’s maximum aggregated retirement benefit determined on the same basis as in paragraph (1).