s. 39 with the deferred lump sum and interest thereon to the date of death at a rate determined by the Board; (b) in respect of any child of the deceased S. 38(3)(b) amended by member, a pension calculated as though the No. 10258 member was a contributor at the date of his s. 10(w)(iii), substituted by or her death; or No. 120/1994 s. 45. (c) to the personal representative of the deceased S. 38(3)(c) inserted by member if the deceased member left no No. 10258 partner or child to whom paragraph (a) or (b) s. 10(w)(iii), 27/2001 applied, the deferred lump sum and interest s. 5(Sch. 3 thereon to the date of death at the rate item 4.3). specified by the Board under section 37. (4) A person who resigns and under subsection (1) S. 38(4) inserted by elects to be entitled to deferred retirement benefits No. 10258 may, within 6 months of resigning, cancel that s. 10(w)(iv). election and that person shall thereupon be entitled to receive benefits payable under section 37. 39 Amount of lump sum and pension on retirement (1) Subject to subsections (2) and (3), a member who S. 39(1) amended by at the time of his retirement is a contributor and No. 81/1988 has contributed continuously under the provisions s. 22(1)(c) (i)–(iii). of this Act for not less than 42 years of contributory service shall upon retirement at or after attaining 65 years be entitled to receive a lump sum equivalent to 42 times his adjusted final salary together with a pension equivalent to 35 per centum of such adjusted final salary. (2) Benefits payable to a member who retires after the age of 65 years shall be calculated as though he
with the deferred lump sum and interest thereon to the date of death at a rate determined by the Board; S. 38(3)(b) amended by No. 10258 s. 10(w)(iii), substituted by No. 120/1994 s. 45. (b) in respect of any child of the deceased member, a pension calculated as though the member was a contributor at the date of his or her death; or S. 38(3)(c) inserted by No. 10258 s. 10(w)(iii), 27/2001 s. 5(Sch. 3 item 4.3). (c) to the personal representative of the deceased member if the deceased member left no partner or child to whom paragraph (a) or (b) applied, the deferred lump sum and interest thereon to the date of death at the rate specified by the Board under section 37. S. 38(4) inserted by No. 10258 s. 10(w)(iv). (4) A person who resigns and under subsection (1) elects to be entitled to deferred retirement benefits may, within 6 months of resigning, cancel that election and that person shall thereupon be entitled to receive benefits payable under section 37. 39 Amount of lump sum and pension on retirement s. 39 S. 39(1) amended by No. 81/1988 s. 22(1)(c) (i)–(iii). (1) Subject to subsections (2) and (3), a member who at the time of his retirement is a contributor and has contributed continuously under the provisions of this Act for not less than 42 years of contributory service shall upon retirement at or after attaining 65 years be entitled to receive a lump sum equivalent to 42 times his adjusted final salary together with a pension equivalent to 35 per centum of such adjusted final salary. (2) Benefits payable to a member who retires after the age of 65 years shall be calculated as though he
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