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Paragraph 5 I1

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Where—

(a)

if the person had continued to serve until he reached normal pension age, he would have become entitled to an ordinary or short service pension (“the notional retirement pension”); and

(b)

the amount calculated in accordance with paragraph 4(2) exceeds the amount of the notional retirement pension,

the amount referred to in paragraph 4(1) as to be ascertained in accordance with this paragraph is that of the notional retirement pension.

(2)

The notional retirement pension is to be calculated by reference to the person’s actual average pensionable pay.

Annotations

Commencement

I1

Sch. 2 Pt. 3 para. 5 in operation at 1.4.2006, see art. 1(2)