s. 43 43 Payment on death of revised scheme member before S. 43 retirement amended by Nos 120/1994 s. 57(h)(i)(ii), 4/1996 s. 110(1). (1) If on the death of a revised scheme member a S. 43(1) amended by pension is not payable to a partner under Nos 27/2001 section 36 or 37 there is to be paid to his or her s. 5(Sch. 3 item 5.13), personal representative the actual amount 94/2005 s. 41. contributed by him or her to the State Superannuation Fund and the Fund and interest at the rate which is the prescribed rate under section 46(1) less the amount certified by an actuary appointed by the Board as being necessary to pay any pension payable to his or her children. (2) This section does not apply if a pension was S. 43(2) amended by payable under section 36 or 37 and has been No. 120/1994 wholly converted into a lump sum. s. 57(i). 44 Retrenchment of revised scheme member (1) A revised scheme member who is retrenched is entitled— (a) to a lump sum payment of an amount equal to— ; or (b) to elect either to take a lump sum payment under paragraph (a) or a deferred pension equal to— — where N, YA, YP and C60 have the same meanings as in section 33(1) and C has the same meaning as in section 46(2). (2) If an election is not made under subsection (1)(b) the Board must determine the benefits to which the revised scheme member is entitled.
S. 43 amended by Nos 120/1994 s. 57(h)(i)(ii), 4/1996 s. 110(1). 43 Payment on death of revised scheme member before retirement s. 43 S. 43(1) amended by Nos 27/2001 s. 5(Sch. 3 item 5.13), 94/2005 s. 41. (1) If on the death of a revised scheme member a pension is not payable to a partner under section 36 or 37 there is to be paid to his or her personal representative the actual amount contributed by him or her to the State Superannuation Fund and the Fund and interest at the rate which is the prescribed rate under section 46(1) less the amount certified by an actuary appointed by the Board as being necessary to pay any pension payable to his or her children. S. 43(2) amended by No. 120/1994 s. 57(i). (2) This section does not apply if a pension was payable under section 36 or 37 and has been wholly converted into a lump sum. 44 Retrenchment of revised scheme member (1) A revised scheme member who is retrenched is entitled— (a) to a lump sum payment of an amount equal to— ; or (b) to elect either to take a lump sum payment under paragraph (a) or a deferred pension equal to— — where N, YA, YP and C60 have the same meanings as in section 33(1) and C has the same meaning as in section 46(2). (2) If an election is not made under subsection (1)(b) the Board must determine the benefits to which the revised scheme member is entitled.
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