Paragraph 1 Discharge of liability in respect of a pension credit following the death of the person entitled to the pension creditF1
The Secretary of State shall, following the death of the person entitled to a pension credit before liability in respect of that credit has been discharged, discharge his liability in respect of that credit by way of the payment of a lump sum in accordance with paragraph (2)(a)(i) of regulation 6 of the Pension Sharing (Implementation and Discharge of Liability) Regulations 2000 (discharge of liability in respect of a pension credit following the death of the person entitled to the pension credit).
The amount of a lump sum payable under this paragraph shall be—
payable in accordance with regulation F5 as modified by F2paragraph 9 below; and
equal to 3 times the annual rate of the pension credit benefit to which the person entitled to the pension credit would have been entitled had he reached normal benefit age on or before the date of death.
Annotations
Textual amendments
- F1
Sch. 2A inserted (1.5.2001) by The National Health Service (Pension Scheme and Additional Voluntary Contributions) (Pension Sharing) Amendment Regulations 2001 (S.I. 2001/1428), reg. 1, Sch. 1 para. 3
- F2
Words in Sch. 2A para. 1(2)(a) substituted (1.4.2008) by The National Health Service Pension Scheme (Amendment) Regulations 2008 (S.I. 2008/654), regs. 1(2), 66(2) (as amended by S.I. 2008/906, reg. 2)