Document ID: chunk:federal_register_of_legislation:F2024C00321:reg:55:p3
Version: federal_register_of_legislation:F2024C00321
Segment Type: reg
Provision Reference: reg 55 (pt 3/83)
Character Range: 405401–408344

his/her date of death, determined from the Table — Pension Conversion Factors in Rule 9.2.2.

The amount of the reversionary pension so calculated will be reduced where necessary to take account of the limitation under Rule 9.3.8 of the amount payable if the deceased member is survived by a partially dependent child or partially dependent children.

9.3.3              CSC will apportion the reversionary pension between multiple eligible beneficiaries (see Rule 9.4.1).

Conversion of pension to lump sum by spouse
9.3.4              Where a spouse of a deceased member chooses under Rule 7.1.2 to convert the whole, or a proportion not greater than half, of the reversionary pension to a lump sum, the lump sum is calculated by the formula:

                  where:

                  A is the death benefit accrual in respect of the deceased member less any amount determined by CSC, after consideration of actuarial advice, to be the capital value of pensions payable in relation to an eligible child or a partially dependent child or children determined under Part B of the Table — Percentage Rate according to the Relationship(s) to the former member and whether the former member chose a Reduced Pension in Rule 9.3.1;

                  M is the annual pension of that spouse, determined under Rules 9.3.2 and 9.3.3;

                  N is the sum of the annual pensions for all spouses of the deceased member; and

                  P is the proportion of the reversionary pension chosen under Rule 7.1.2 to be converted to a lump sum.

Calculating pensions following the death of a pensioner
9.3.5              The annual reversionary pension payable to a spouse of a deceased pensioner is:
         (a) for the first seven pension paydays after the death of the pensioner, the greater of:
             (i) the annual pension that would have been payable to the deceased pensioner; and
             (ii) the annual pension that would have been payable to the deceased pensioner multiplied by the relevant percentage according to the relationship(s) to the deceased pensioner determined from the Table — Percentage Rate according to the Relationship(s) to the former member and whether the former member chose a Reduced Pension in Rule 9.3.1;
         (b) thereafter, the highest of the annual rates of pension that would have been payable to the deceased pensioner during the first seven pension paydays after the death of the pensioner, multiplied by the relevant percentage according to the relationship(s) to the deceased pensioner determined from the Table — Percentage Rate according to the Relationship(s) to the former member and whether the former member chose a Reduced Pension in Rule 9.3.1;

provided:

         (A) the amount of the reversionary pension so calculated will be reduced where necessary to take account of:
             (i) the limitation under Rule 9.3.8 of the amount payable if the deceased pensioner