If no spouse's, civil partner’s or eligible cohabiting partner's pension is being paid
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One child
One child would receive a pension calculated as follows:
For each year of membership you built up from 1 April 2014 you were credited with a pension equal to a proportion (i.e. 1/49th or, for any period you were in the 50/50 section of the Scheme, 1/98th) of the pensionable pay (or assumed pensionable pay where applicable) you received during that year (plus 1/49th of assumed pensionable pay for any enhancement given if retirement had been on ill health grounds).
The child’s pension payable is calculated on a different proportion:
- 1/240th of the pensionable pay (or assumed pensionable pay where applicable), plus,
- 49/240ths of the amount of any pension credited to your pension account following a transfer of pension rights into the Scheme from another pension scheme or arrangement.
For final salary membership built up before 1 April 2014 the pension payable is equal to:
- 1/240th of your final pay times the period of your membership in the Scheme up to 31 March 2014 upon which your pension is based.
Two or more children
Two or more children would receive a pension calculated as follows:
For each year of membership you built up from 1 April 2014 you were credited with a pension equal to a proportion (i.e. 1/49th or, for any period you were in the 50/50 section of the Scheme, 1/98th) of the pensionable pay (or assumed pensionable pay where applicable) you received during that year (plus 1/49th of assumed pensionable pay for any enhancement given if retirement had been on ill health grounds).
The children’s pension payable is calculated on a different proportion:
- 1/120th of the pensionable pay (or assumed pensionable pay where applicable), plus,
- 49/120ths of the amount of any pension credited to your pension account following a transfer of pension rights into the scheme from another pension scheme or arrangement.
The pension would be shared equally between the eligible children.
For final salary membership built up before 1 April 2014 the pension payable is:
-
1/120th of your final pay times the period of your membership in the Scheme up to 31 March 2014 upon which your pension is based.
The pension would be shared equally between the eligible children.