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Regulation 58 Entitlement to retirement pensionI1

United Kingdom

(1)

Subject to paragraph (2), a member of this scheme (P) is entitled to the immediate payment of a retirement earned pension under this scheme if—

(a)

P—

(i)

has reached the age of 55,

(ii)

has at least three months qualifying service,

(iii)

has claimed payment of a retirement pension, and

(iv)

is no longer employed in a scheme employment and so is not entitled to be an active member of this scheme; or

(b)

P has exercised the partial retirement option.

(2)

Where a member is entitled to an ill-health award, the requirement in paragraph (1)(a)(i) does not apply to that member.

(3)

On becoming entitled to the immediate payment of a retirement earned pension, P is entitled to immediate payment of a retirement added pension if P had an added pension account in this scheme before becoming so entitled.

(4)

The claim for payment of a retirement pension must be made by notice to the scheme manager in a form required by the scheme manager and must be given before the date on which the first payment of the retirement pension is paid.

Annotations

Commencement

I1

Reg. 58 in force at 1.4.2015, see reg. 1(2)