Regulation 11Y Lump sum on death: death after retirement of member with preserved pensionF1

(1)

Paragraph (2) applies if—

(a)

a member (“P”), whose benefits are to be calculated under this Part in respect of one or more eligible fee-paid judicial offices (each “a relevant office”), dies having retired;

(b)

where P retires on or after the amendment day, P is not, on retirement, an opted-out member; and

(c)

if P had not died P would, on reaching normal pension age for one or more relevant offices, have become entitled to a pension under regulation 11I.

(2)

On the day after that on which P dies, P’s personal representatives become entitled to a lump sum on behalf of P’s estate.

(3)

The amount of the lump sum is twice the notional annual rate of pension determined in accordance with regulation 11J as though P had reached normal pension age for each relevant office on the day P died.

Annotations

Textual amendments

F1: Pts. 2A, 2B inserted (1.4.2023) by The Judicial Pensions (Fee-Paid Judges) (Amendment) Regulations 2023 (S.I. 2023/403), regs. 1(1), 12