How are the pension payments to a reversionary pensioner taxed?

If a reversionary pension is chosen, then the tax treatment of the reversionary pension is dependent on the age of the pensioner and the reversionary.  If either or both of the pensioner and the reversionary beneficiary are aged 60 or over, then the reversionary beneficiary will receive the pension without paying tax on it, and PAYG is not required.  However, if both the pensioner (when they died) and the reversionary beneficiary are under age 60 then the taxable component of the pension is taxable and PAYG must be withheld from the taxable component.