Regulation 15 Compensation payable to non-pensionable officers on reaching retiring age

Where a person to whom these regulations apply and who is not a pensionable officer is receiving long-term compensation for loss of employment and reaches normal retiring age, the Corporation shall, if satisfied that the person would, but for the loss, have continued in the employment he has lost for a substantial period beyond that age, continue to pay compensation to him for the remainder of his life at half its former rate.

Where a person to whom these regulations apply and who is not a pensionable officer suffers loss of employment in consequence of a relevant event on or after reaching normal retiring age, the Corporation shall, if satisfied that the person would in the normal course have continued in the employment he has lost for a further substantial period, pay compensation to him for the remainder of his life at half the rate which would have been payable under regulation 12 had he not attained normal retiring age on or before the date on which he lost his employment.