PSI.Part24 - Pension Credit Benefits
Contents
Section 1 – Form of Benefits
Section 2 – Limits on Benefits Payable to
Ex-spouse
Section 3 – Death Benefit Limits
Section 4 – Transfers of Pension Credit
Rights
Section 1 – Form of
Benefits
| PSI24.1.1 | Background |
| PSI24.1.2 | Creation of pension credit benefits |
| PSI24.1.3 | Form of benefits |
| PSI24.1.4 | Restrictions |
| PSI24.1.5 | Restrictions |
| PSI24.1.6 | Ex-spouse member with employee benefit rights in scheme |
| PSI24.1.7 | Ex-spouse member with employee benefit rights in scheme |
| PSI24.1.8 | Payment dates |
| PSI24.1.9 | Social Security legislation |
| PSI24.1.10 | Safeguarded rights |
| PSI24.1.11 | Buy-out contracts |
Section 2 – Limits on
Benefits Payable to Ex-spouse
| PSI24.2.1 | Pension |
| PSI24.2.2 | - ex-spouse also an employee member |
| PSI24.2.3 | - income drawdown |
| PSI24.2.4 | Lump sums |
| PSI24.2.5 | - ex-spouse also an employee member |
Section 3 – Death Benefit
Limits
| PSI24.3.1 | Ex-spouse dies before pension credit payment - lump sum |
| PSI24.3.2 | - lump sum |
| PSI24.3.3 | Widows’, widowers’ and dependants’ pensions |
| PSI24.3.4 | - more than one beneficiary |
| PSI24.3.5 | - trivial commutation |
| PSI24.3.6 | - no beneficiary |
| PSI24.3.7 | Ex-spouse dies after pension credit payment - lump sum |
| PSI24.3.8 | Widows’, widowers’ and dependants’ pensions |
| PSI24.3.9 | - more than one beneficiary |
| PSI24.3.10 | - trivial commutation |
| PSI24.3.11 | - no beneficiary |
Section 4 – Transfers of
Pension Credit Rights
| PSI24.4.1 | General |
| PSI24.4.2 | - NIL certificates |
| PSI24.4.3 | - transfer benefit |
