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Regulation 14 Actuarial reduction of supplementary death grant

Original text. Later amendments are not shown.

In regulation E20 (supplementary death grant)—

(a)

in paragraphs (2) and (3) before the word “a” there shall be inserted the words “subject to paragraph (4A)”;

(b)

in paragraph (4)—

(i)

in sub-paragraph (a) after “under” there shall be inserted “regulation E5(5) (actuarial reduction of pension on early retirement),”, and

(ii)

in sub-paragraph (b) after “Regulations” there shall be added “(including any actuarial reduction under regulation E6(3) (actuarial reduction of lump sum on early retirement))”; and

(c)

there shall be added after paragraph (4) a new paragraph—

“(4A)

Where regulation E5(5) applies a supplementary death grant may be paid equal only to the deficiency referred to in paragraph (2) or (3), as the case may be, multiplied by the appropriate factor.”.