Paragraph 41C Reduction of surviving adult pensionF1

(1)

This paragraph applies if the surviving adult (S) of a transition member applies—

(a)

for payment of a surviving adult pension under this scheme; and

(b)

for payment of an adult pension under the existing scheme.

(2)

The scheme manager may determine after taking advice from the scheme actuary that either or both of the following enhancements of surviving adult pension benefits are reduced—

(a)

S’s enhancement of a surviving adult pension under regulation 145 of these Regulations;

(b)

S’s enhancement of a surviving adult pension under Part 3 of Schedule 9 to the existing scheme regulations.

Annotations

Textual amendments

F1: Sch. 3 paras. 41A-41C inserted (1.4.2015) by The Teachers Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/2652), regs. 1, 43