Regulation 85 Reduction in pensions in cases of wide age disparityI1
United Kingdom
(1)
This regulation applies if, on the death of a member of this scheme, a surviving adult’s pension is payable to a person (“the surviving adult”) who is more than 12 years younger than the member.
(2)
The annual rate of the surviving adult’s pension is reduced by the lower of—
(a)
(b)
2.5 x (N –12) % of the amount of the annual rate of the pension so calculated,
where N is the number of whole years by which the surviving adult is younger than the member.
Annotations
Commencement
- I1
Reg. 85 in force at 1.4.2022, see reg. 1(4)