| [Para 16B(2), Sch 28][Para 28, Sch 10, FA 2005] |
The pension limit applies to the aggregate dependants’ benefits paid in respect of a member’s scheme pension. So that where
the pension limit is apportioned between the dependant(s) and/or
dependants’ scheme pension entitlements. How this is achieved
is explained on page
RPSM10104165 and
RPSM10104190.
If the dependants’ scheme pension payable to a
dependant exceeds the apportioned limit, only the excess will be
treated as an
unauthorised member payment.
| Glossary ( RPSM20000000) |