Paragraph 5

In regulations 25(1), 26(1) and 31(3) omit the words “and retirement grant”.

In regulations 25(2), 26(2) and 27(2) for the words “and grant are” substitute the word “is”.

In regulations 27(1), and 31(4), (5) and (7) omit the words “and grant”.

In regulation 28(1) omit the words “or grant”.

In regulation 29—

In regulation 38 for paragraph (5) substitute—

“(5)

The amount of a pensioner member's death grant is the greater of his pay or his pay multiplied by—

$$3\times \genfrac{}{}{0.1ex}{}{\text{his pension membership period}}{80}$$

(but see paragraphs (5A) and (5B)).

(5A)

The amount mentioned in paragraph (5) must be reduced—

(a)

by any retirement grant paid to him, and

(b)

by any payments which were made to him in respect of retirement pension (or would have been so made apart from regulation 29, 33 or 110).

(5B)

If the pensioner member became entitled to his pension under regulation 31—

(a)

paragraphs (5) and (5A) do not apply, and

(b)

the amount of his death grant is the greater of amount A or amount B.

(5C)

Amount A is his pay multiplied by—

$$3\times \genfrac{}{}{0.1ex}{}{\text{his pension membership period}}{80\text{,}}$$

less the reduction mentioned in paragraph (5A).

(5D)

Amount B is the amount of his pay (less that reduction), multiplied by—

$$\genfrac{}{}{0.1ex}{}{\text{his pension membership period}}{\text{the total membership he would have had at NRD}}$$

.

(5E)

A pensioner member's pension membership period is the period of membership taken into account in calculating the multiplier for his retirement pension.”.

After paragraph (4) of regulation 41 insert—

“(4A)

For paragraph (4) no account shall be taken of any period of membership before attaining the age of 60 years beyond a total of 40 years; and any period of membership which is accordingly to be left out of account shall be taken from the beginning of the member's period of membership.”.

Omit regulations 54 and 57.