Paragraph 12 Rules, practices, actions and decisions relating to benefitI1
England, Wales and Scotland
A minimum age for any member of a scheme for payment of or entitlement to a particular age related benefit on the grounds of ill health where the age related benefit is enhanced in accordance with sub-paragraph (2) and paid either with or without consent (whether of an employer, the trustees or managers of the scheme or otherwise).
The enhancement of any age related benefit payable to or in respect of a member on the grounds of ill health where the enhancement is calculated in one or more of the following ways—
by reference to some or all of the years of prospective pensionable service a member would have completed if he had remained in pensionable service until normal pension age;
by reference to a fixed number of years of prospective pensionable service;
by making an actuarial reduction which is smaller than if early retirement had been on the grounds to which paragraph 7 applies; or
by not making any actuarial reduction for early retirement.
Sub-paragraph (1) shall also apply to different minimum ages for different groups or categories of members.
Annotations
Commencement
- I1
Sch. 1 para. 12 in force at 1.10.2010, see art. 1