Regulation 159 Death grant: death of pension credit member after benefits payable

(1)

A death grant is payable under this regulation on the death of a pension credit member (D) if—

(a)

a pension credit retirement pension became payable before D's death, and

(b)

AR is greater than AP.

(2)

The amount of the death grant is AR-AP.

(3)

In this regulation—

“AR” is 5 times the annual rate of the pension credit retirement pension payable as at the date of D's death;
“AP” is the total amount of that pension payable up until D's death.