Traduction de «pension réversible » (Français → Anglais) :

10 (1) Where a former member has made an election and becomes entitled to and receives retiring or compensation allowances or supplementary benefits, as the case may be, by reason of being disabled, the amount of the former member’s joint and survivor benefit determined in accordance with section 9 shall be adjusted to take into account the new period during which the joint and survivor benefit or supplementary benefits are to be paid.

(7) A pension plan may provide that, where, pursuant to this section, all or part of a pension benefit of a member or former member is required to be distributed to that person’s spouse, former spouse or former common-law partner under a court order or agreement, a joint and survivor pension benefit may be adjusted so that it becomes payable as two separate pensions, one to the member or former member and the other to that person’s spouse, former spouse or former common-law partner, if the aggregate of the actuarial present values of the two pensions is not less than the actuarial present value of the joint and survivor pension benefit.

So a 50% add-on benefit, the way it's structured in these plans, tends to be more generous than a 60% joint and last option, which is frequently the standard that's set in standards legislation across the country.

By way of example, in the case of funded defined‐benefit schemes, certain elements, such as conversion into a capital sum of part of a periodic pension, transfer of pension rights, a reversionary pension payable to a dependant in return for the surrender of part of a pension or a reduced pension where the worker opts to take earlier retirement, may be unequal where the inequality of the amounts results from the effects of the use of actuarial factors differing according to sex at the time when the scheme's funding is implemented.

FRANCE", the word "None" shall be replaced by the following: "All applications for pension benefits or survivor's benefits under supplementary pension schemes for employees, with the exception of applications for old-age pensions or surviving partner's pensions under the supplementary pension scheme for flying personnel employed in civil aviation".

First, the survivors’ benefit option will be exercisable at the time of retirement, with a limited extended time period for currently retired judges to elect an enhanced survivor benefit.