Regulation 132 Reduction in pensions in cases of wide age disparityI1

Scotland

(1)

This regulation applies if, on the death of a member of this scheme, a surviving adult’s F1pension becomes payable to a 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)

50% of the amount of the annual rate of the pension calculated under regulation 129, 130 or 131; and

(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

Textual amendments

F1: Word in reg. 132(1) inserted (with effect from 1.4.2015) by The Police Pension Scheme (Scotland) Amendment Regulations 2015 (S.S.I. 2015/325), regs. 1(2), 5

Commencement

I1: Reg. 132 in force at 1.4.2015, see reg. 1