# The National Health Service Pension Scheme Regulations 1995, Paragraph 14: Interest on late payment of benefits


Regulation T8 (interest on late payment of benefits) shall apply in respect of a pension credit member with the following modifications—
(a) in paragraph (2) of that regulation references to “member” or “member's” shall be references to “pension credit member”;
(b) in the definition of “due date”—
(i) in sub-paragraph (a) the reference to “a lump sum under Part F above” shall be a reference to “a lump sum under paragraph 1, 6 or 7 of Schedule 2A”;
(ii) in sub-paragraph (a) the reference to “the member’s death” shall be a reference to “the death of the person entitled to the pension credit or the pension credit member”;
(iia) in sub-paragraph (aa)—
(aa) the reference to a pension under regulation F2 shall be a reference to a pension under sub-paragraph (5) of paragraph 7 of Schedule 2A;
(bb) the reference to the member’s personal representatives shall be a reference to the personal representatives of the person entitled to the pension credit or the pension credit member, and
(cc) the reference to the member’s death shall be a reference to the death of the person entitled to the pension credit or the pension credit member.
(iii) sub-paragraphs (b), (c) and (d) shall be omitted;
(iv) in sub-paragraph (e) the reference to “of the member’s retirement from pensionable employment” shall be a reference to “when the pension credit member becomes entitled to the payment of pension credit benefit”;
(c) in the definition of “qualifying payment” the reference to “, or by way of a refund of contributions,” shall be omitted.

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Source: https://www.legislation.gov.uk/uksi/1995/300/schedule/2A/paragraph/14 (the official version)
Page: https://openlegislation.uk/national-health-service-pension-scheme-regulations-1995/schedule-2A/paragraph-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.