Regulation 51 Election to allocate pension

(1)

A member (M) may elect to allocate a part of the annual amount of M's pension for the provision of a pension after M's death for not more than one individual who is—

(a)

M's spouse or civil partner; or

(b)

a dependant of M (within the meaning of paragraph 15(2) or (3) of Schedule 28 to the 2004 Act M1).

(2)

An election under this regulation may be made only—

(a)

at the time M claims the pension under paragraph 4 of Schedule 3; and

(b)

if M is not already entitled to payment of such a pension.

(3)

Paragraph (2)(b) does not apply in the case of a pension payable under regulation 84.

(4)

A pension provided as a result of the election must be calculated in accordance with tables prepared by the scheme actuary.

Annotations

Marginal citations

M1: Paragraph 15(3) of Schedule 28 has been amended by regulations 175 and 180(c) of S.I. 2005/3229.