44Employer-financed pension—spouse or de facto partner

44 Employer-financed pension—spouse or de facto partner

44 Employer-financed pension—spouse or de facto partner

When an election is made by the spouse or de facto partner of a deceased transferred contributor to take the pension benefit provided by this clause, the pension shall be calculated in accordance with the following formula—

where—

P and C have the same meanings as in clause 40 (employer-financed pension—normal retirement without reversion), and

S represents—

(a) the transferred contributor’s final average salary if that contributor died after attaining the age of 60 years, or

(b) the transferred contributor’s final salary if that contributor died before attaining that age.

cl 44: Am 17.6.1988; 28.3.2003.