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Regulation 65 Retirement pension (other than ill-health pension) becomes payable before the end of the contributions payment period

(1)

This regulation applies if any of the following retirement pensions become payable to M before the end of the contributions payment period—

(a)

a partial retirement pension (if M has elected to receive additional pension with it);

(b)

a premature retirement pension;

(c)

an early retirement pension.

(2)

If this regulation applies—

(a)

periodic payments for additional pension cease to be payable on the entitlement day for that pension; and

(b)

the amount of accrued additional pension as at the day M leaves the pensionable service concerned is an amount determined by the scheme manager, having regard to—

(i)

the period over which the contributions were paid; and

(ii)

the length of the contribution payment period.