Regulation 51 Entitlement to partial retirement pension or full retirement pensionI1
United Kingdom
An active member of this scheme (P) who exercises the partial retirement option is entitled to the immediate payment for life of—
(a)
if P claims payment of part only of P’s accrued pensions, a partial retirement pension calculated in accordance with regulation 41(2) (amount of partial retirement pension); or
(b)
if P claims payment of the whole of P’s accrued pensions, a full retirement pension calculated in accordance with regulation 39(2) (amount of full retirement pension).
Annotations
Commencement
- I1
Reg. 51 in force at 1.4.2022, see reg. 1(4)