{
  "url": "https://openlegislation.uk/firefighters-pension-scheme-regulations-northern-ireland-2015/regulation-69A",
  "json_url": "https://openlegislation.uk/firefighters-pension-scheme-regulations-northern-ireland-2015/regulation-69A.json",
  "legislation": "nisr/2015/78",
  "legislation_title": "The Firefighters' Pension Scheme Regulations (Northern Ireland) 2015",
  "legislation_url": "https://openlegislation.uk/firefighters-pension-scheme-regulations-northern-ireland-2015",
  "path": "regulation/69A",
  "kind": "regulation",
  "number": "69A",
  "heading": "Early payment reduction",
  "text": "(1) This regulation applies when an actuarial reduction is to be applied when calculating the annual rate of pension to be payable to a deferred member who has not reached deferred pension age.\n(2) A deferred member (D) may claim a retirement pension to be paid after D has reached normal pension age and before D has reached deferred pension age.\n(3) The actuarial reduction to be applied in a case falling in paragraph (2) is in accordance with actuarial guidance which reduces the pension on the basis that D had not reached deferred pension age. The actuarial guidance must have regard to actuarial neutrality compared to the present value of a pension payable at deferred pension age, with future increases between the date of D’s early retirement and deferred pension age being in line with increases under the 1971 Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 69A inserted (9.1.2025 with effect from 1.4.2015) by The Firefighters’ Pension Schemes and Compensation Scheme (Amendment) (No. 2) Regulations (Northern Ireland) 2024 (S.R. 2024/218), regs. 1(1)(2), 5(4)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/2015/78/regulation/69A",
    "retrieved_at": "2026-10-29T01:03:31.445177+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}