Regulation 91 Payment of benefitsF1I1C1
Northern Ireland
F2Subject to paragraph (4), a pension credit member who attains normal benefit age is entitled to the immediate payment of a pension and, if applicable, a lump sum grant.
The pension and if applicable the lump sum grant are payable from the fund or admission agreement fund.
The pension is payable for life.
A pension credit member may apply in writing to the Committee for the benefits payable under paragraph (1) to be paid at or after F4age 55 (but before normal benefit age), and such benefits shall be reduced by the amounts as are shown to be appropriate in guidance issued by the Government Actuary.
Where paragraph (4) applies the benefits shall be payable from the date the Committee receives the application.
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)
- F2
Words in reg. 91(1) substituted (with effect in accordance with reg. 1(5) of the amending Rule) by Local Government Pension Scheme (Amendment No. 2) Regulations (Northern Ireland) 2010 (S.R. 2010/410), regs. 1(1), 43(a)
- F3
Reg. 91(4)(5) inserted (with effect in accordance with reg. 1(5) of the amending Rule) by Local Government Pension Scheme (Amendment No. 2) Regulations (Northern Ireland) 2010 (S.R. 2010/410), regs. 1(1), 43(b)
- F4
Words in reg. 91(4) substituted (with effect in accordance with reg. 1(2) of the amending Rule) by The Local Government Pension Scheme (Amendment) Regulations (Northern Ireland) 2016 (S.R. 2016/128), regs. 1(1), 33
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