SCHEDULES
SCHEDULE 7Pension compensation provisions
18Deferred members who have not attained normal pension age at assessment date
1
This paragraph applies where—
a
the deferred member dies on or after the assessment date, and
b
the pension was attributable to the deferred member’s pensionable service.
2
Subject to sub-paragraph (4), the widow or widower of the deferred member is entitled to periodic compensation commencing on the day following the deferred member’s death and continuing for life.
3
The annual rate of the periodic compensation at any time is—
a
where the deferred member died after attaining normal pension age, half of the annual rate of the periodic compensation (including any increases under paragraph 28) to which the deferred member would at that time have been entitled under paragraph 15 in respect of the pension had the member not died,
b
where the deferred member died before attaining normal pension age, half of the annual rate of the periodic compensation (including any increases under paragraph 28) to which the deferred member would have been entitled at that time under paragraph 15 if—
i
normal pension age had been the deferred member’s actual age immediately before the date of the deferred member’s death, and
ii
the deferred member had not died.
4
The deferred member’s widow or widower is not entitled to periodic compensation under this paragraph in such circumstances as may be prescribed.
5
In this paragraph “the deferred member” and “the pension” are to be construed in accordance with paragraph 15.