s. 48 (11) The method of calculating the conversion under S. 47(11) subsection (10) or (10A) is to be determined by inserted by No. 110/1993 the Minister on the advice of an actuary appointed s. 76, by the Board. repealed by No. 82/1996 s. 67, new s. 47(11) inserted by No. 95/2000 s. 6(5), amended by No. 73/2001 s. 5(5). 48 Payments to children and adult children S. 48 (Heading) inserted by No. 40/2010 s. 83(1). (1) If a benefit is not payable to a partner of a revised S. 48(1) amended by scheme member the pension for each child or Nos 81/1988 adult child of the revised scheme member is to be s. 28(k), 120/1994 at the rate applicable under subsection (2) or at the s. 57(j), rate of $624 per annum whichever is the greater. 27/2001 s. 5(Sch. 3 item 5.13), 40/2010 s. 83(2). (2) The pension payable to each child or adult child of S. 48(2) amended by a revised scheme member is— No. 40/2010 s. 83(3)(a). (a) if there is 1 eligible child or eligible adult S. 48(2)(a) amended by child, an amount equal to 45 per cent of the No. 40/2010 revised scheme member's pension; or s. 83(3)(b). (b) if there are 2 eligible children or eligible S. 48(2)(b) amended by adult children or both an eligible child and No. 40/2010 an eligible adult child, an amount equal to 40 s. 83(3)(c). per cent of the revised scheme member's pension; or (c) if there are 3 or more eligible children and S. 48(2)(c) amended by eligible adult children, an amount equal to No. 40/2010 the revised scheme member's pension s. 83(3)(d).
S. 47(11) inserted by No. 110/1993 s. 76, repealed by No. 82/1996 s. 67, new s. 47(11) inserted by No. 95/2000 s. 6(5), amended by No. 73/2001 s. 5(5). (11) The method of calculating the conversion under subsection (10) or (10A) is to be determined by the Minister on the advice of an actuary appointed by the Board. S. 48 (Heading) inserted by No. 40/2010 s. 83(1). 48 Payments to children and adult children s. 48 S. 48(1) amended by Nos 81/1988 s. 28(k), 120/1994 s. 57(j), 27/2001 s. 5(Sch. 3 item 5.13), 40/2010 s. 83(2). (1) If a benefit is not payable to a partner of a revised scheme member the pension for each child or adult child of the revised scheme member is to be at the rate applicable under subsection (2) or at the rate of $624 per annum whichever is the greater. S. 48(2) amended by No. 40/2010 s. 83(3)(a). (2) The pension payable to each child or adult child of a revised scheme member is— S. 48(2)(a) amended by No. 40/2010 s. 83(3)(b). (a) if there is 1 eligible child or eligible adult child, an amount equal to 45 per cent of the revised scheme member's pension; or S. 48(2)(b) amended by No. 40/2010 s. 83(3)(c). (b) if there are 2 eligible children or eligible adult children or both an eligible child and an eligible adult child, an amount equal to 40 per cent of the revised scheme member's pension; or S. 48(2)(c) amended by No. 40/2010 s. 83(3)(d). (c) if there are 3 or more eligible children and eligible adult children, an amount equal to the revised scheme member's pension
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