Regulation 106 Death grant: death of pension credit member after benefits payable
(1)
A death grant F1may be paid on the death of a pension credit member (D) if—
(a)
a pension credit retirement pension had become payable before D's death, and
(b)
AR is greater than AP.
(2)
AR is 5 times the annual rate of the pension at the date of D's death.
(3)
AP is the amount payable to D since the pension became payable.
(4)
The amount of the death grant is AR-AP.
Annotations
Textual amendments
- F1
Words in reg. 106(1) substituted (retrospective to 1.9.2010) by The Teachers' Pensions Schemes (Amendment) Regulations 2018 (S.I. 2018/218), regs. 1(2)(a), 2(3)