Automatic Enrolment Retirement Savings System Act 2024
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Payment in the event of death of participant | ||
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84. (1) Where— | ||
(a) a notification under section 82 (1)(d) has been given by the Authority, and | ||
(b) before or after the giving of that notification, the death of the participant has been notified to the Authority, | ||
an application may be made to the Authority by the participant’s personal representative to withdraw the balance referred to in the notification under section 82 (1)(d). | ||
(2) Where a participant’s personal representative makes an application to the Authority under subsection (1), the Authority shall promptly pay the balance in the participant’s account to the personal representative. | ||
(3) The Authority shall specify, and publish on a website maintained by or on behalf of the Authority, the procedure for applications and payments made in accordance with subsections (1) and (2). |