Regulation 41 Amount of partial retirement pensionI1

United Kingdom

(1)

Any partial retirement account must specify the amount of partial retirement pension.

(2)

The amount of partial retirement pension is the sum of—

(a)

the amount of accrued standard earned pension calculated under regulation 24 (accrued amount); and

(b)

the assumed age addition (if any) for the accrued amount.

(3)

The partial retirement account must specify—

(a)

the early payment reduction (if any);

(b)

the commutation amount (if any); and

(c)

the total allocation amount (if any).

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