Regulation 14 Short service benefit
This regulation applies to a person (P)—
who is a deferred member of the new scheme;
who is entitled to benefits under the new scheme; and
whose–
entitlement to benefits under the new scheme is determined by, or
benefits under the new scheme are computed by reference to,
P’s deferred pension age rather than P’s normal pension age.
For the purposes of the requirements in sections 67, 68, 70 and 71 of the 1993 Actf1 and in any subordinate legislation made under Chapter 1 of Part 4 of that Act, as they apply in relation to P, any difference—
between P’s entitlement to benefits under the new scheme and any active member’s entitlement to benefits under the new scheme, or
between the computation of P’s benefits under the new scheme and any computation of benefits of an active member under the new scheme,
is ignored.
Annotations
Footnotes
- f1
-
1993 c.49. Section 67 was amended byArticle 240(1) of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I.1)) and section 27 of, and paragraphs 19 and 20 of Schedule 8 to, the Public Service Pensions Act (Northern Ireland) 2014 (c.2. N.I.)). Section 68 was amended by Article 240(2) of the Pensions (Northern Ireland) Order 2005.