Ex-Spouse definition
Examples of Ex-Spouse in a sentence
Where more than one pension is to be paid the total of all the pensions cannot exceed the amount of the pension that could have been paid to the Ex-Spouse Participant.
If the Ex-Spouse Participant's Normal Annuity Age is on or before the end of the Implementation Period, then their pension must start on or before the first day of the calendar month in which the Implementation Period ends.
For the purpose of determining the pension which could have been paid to the Ex-Spouse Participant, it should be assumed, if they died under age 50, that they were aged 50 at the date of death.
Alternatively, the Trustee may deduct the value of such charges from the benefits of the Member, the Pension Credit of the Ex-Spouse or the Pension Credit Benefit (or alternatives under paragraph 7) of the Ex-Spouse Participant.
If the Trustee has decided to allow the Ex-Spouse to become an Ex-Spouse Participant, but the Ex-Spouse dies before his/her benefits are secured under paragraph 6, the Pension Credit of the Ex-Spouse shall be dealt with under paragraph 4.3.