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Regulation 90 CalculationF1I1C1

Northern Ireland

(1)

The annual rate of the pension at normal benefit age shall be the pension calculated as referred to in regulation 84(4) (discharge of liability for pension credit rights), increased in accordance with the Pensions (Increase) Act (Northern Ireland) 1971f1 and, if applicable, the Pensions Increase (Northern Ireland) Order 1974f2 from the day on which the pension sharing order takes effect.

(2)

Where applicable, the lump sum grant shall be equal to 3 times the annual rate of pension.

Annotations

Textual amendments

F1

Regulations revoked (except reg. 4 for specified purposes, reg. 6 for specified purposes and reg. 11) (1.4.2015) by The Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/189), regs. 1(1), 2(1), Sch. 2 (with regs. 3, 13, 14(1)(d), Sch. 5)

Modifications

C1

Pt. 10 applied (1.4.2009) by Local Government Pension Scheme (Amendment and Transitional Provisions) Regulations (Northern Ireland) 2009 (S.R. 2009/34), regs. 1(1), 13

Commencement

I1

Reg. 90 in operation at 1.4.2009, see reg. 1

Footnotes

f1

1971 c. 35 (N.I) sections 3, 8 and 15 were amended by Article 36 of the Welfare Reform and Pensions (Northern Ireland) Order 1999.

f2

S.I. 1974/1267 (N.I. 2).