Document ID: chunk:federal_register_of_legislation:C2004A01292:clause:1_49e
Version: federal_register_of_legislation:C2004A01292
Segment Type: clause
Provision Reference: sch 1 cl 49E
Character Range: 10939–11571

49E  Operative time during payment phase—reduction of standard pension

 (1) If, at the operative time, standard pension is payable to the member spouse in respect of the original interest, then the annual rate of that pension is reduced to the amount calculated under the Orders.

 (2) A reduction under this section is to be disregarded in calculating the amount of any non‑standard pension that later becomes payable.

Note: For example, the reduction will be disregarded in calculating the amount of pension under section 42 payable to a child of the member spouse after the member spouse's death.

Division 4—Miscellaneous