← belizelaw.ai · Private Pensions, Cap. 30:01 · PART V — Ancillary and Death Benefits
Post-Retirement Death Benefits
Cap. 30:01, s. 27 · Revised Edition 2020
(1) A member who has a spouse on the date the pension commences may elect to receive a joint and survivor pension.
(2) The joint and survivor pension under sub-section (1) shall be the actuarial equivalent of the pension benefit that would be payable under the pension plan to the member.
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(3) The amount of the pension payable to the survivor of the member shall not be less than 60 per cent of the pension paid to the member during the joint lives of the member and his or her
(4) Sub-sections (1) to (3) do not apply in respect of a pension benefit if payment of the pension has commenced before the commencement date.
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