A
A
follows the date of death of the Member concerned up to but excluding the first day of the calendar month immediately following the month in which the Member would have attained the age of 60 had he survived. Supplementary Death Benefit, if granted by the Council hereunder shall not
than be leas
the equivalent of four times the Member's Final Month's Salary,
are
To determining any payment to be made under (c) this Clause the Council should, as a general rule, but SO to do, without being under any binding constraint pay money toʻthe Dependants in the order in which they thereof in Clause 2 stated in the definition
be hereof. Payments mada by the Council hereunder may made to the Dependants or to any one Dependant in one lump sum or in such amount or instalments and in such manner as the Council may, in its absolute discretion, think fit.
or
*
#ane or
(4) In the event that the Council, having constituted a separate trust fund for the Dependants of a deceased Member, is unable to apply the any part thereof or any income therefrom for a period of five continuous years after the death of the Member
Council shall concerned, the
be released from the thereof and the
the trust, fund constituting trusts same, so much thereof as has not at that time been disbursed by the Council, shall be re-vested in the Council for the credit of the' Scheme generally and shall be treated an a contribution by the University In such event the Council in its to the Scheme Fund. capacity as Trustees of the separate trust fund and in its capacity as administratora of the Scheme shall be released absolutely and entirely from any responsibi- lity in connection therewith.
7.4
In the event of a Member leaving the service of the Dufversity in breach of his contract of employment ia Guaranteed Danefit shall be reduced and he shall be entitled to receive that sum which is equivalent to his subscription to the Scheme up to and including tho relevant date or that
which is calculated by the factor which substituting a factor of 0.7 for would otherwise be applicable to him and as set out in In the Clausn 7.2(a), whichever is the higher amount.
!
avent of this clause coming into operation, the Member concerned shall be entitled to make • written repre- sentation to the Council stating his case and ree- soming against the strict operation of this clause. In such event the Council shall meet to consider such increase by representation and shall be entitled to such amount as it may think fit the Guaranteed Benefit which would be due to the Member concerned pursuant to the terms of this clause but not in any circumstances to a figure in excess of that which would then be the Member had his Guaranteed Benefit applicable to beam calculated according to Clause 7.2(a) above and not in accordance with this clause. The Council's decision following such representation shall be final and binding upon the Member and the Council shall not be entitled to review the case further having made its final decision.
or
7.5 If any Nember shall be dismissed from the service dishonest conduct in of the Duiversity for fraud or circumstances in which the University suffers
or damage or suffered pecuniary loss
if any Kember shall resign or purport to resign from the service of for any the University in order to avoid dismissal such act, the membership of such Meaber in the Scheme shall cease and determine and the following provisiona shall thereupon take effect:-
kis
(1) All claims by the Duiversity against such Nomber shall be paid out of that part of such Nember':
to is properly attributable entitlement
Schene and such Member shell Subscriptions to the thereafter be entitled to receive the balance if any is properly attri- of that part of his entitiament as butable to his Subscriptions to the Scheme.
(2)
circumstances shall such Member be antitled to receive all or any part of the benefit attributable to any Contributions which have been made by the University to the Scheme.
(3)
lation,
attributable
1
University'
applying the provisions of this Regu-
the Guaranteed ruportions
Benefit Member Subscriptions and the
respect
Contributions in
Member shall be certified by the Actuary.
of
the
39
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