Paragraph 70 Effect of purchasing additional service by lump sum paymentI1
Northern Ireland
Subject to paragraph (2), where a period of additional service has been purchased by way of a lump sum payment, the firefighter member’s pensionable service F1or special pensionable service shall be increased by that period as regards any award payable to him under this Scheme.
A period of additional service purchased by way of a lump sum payment shall not be treated as part of the pensionable service or special pensionable service on which the amount of any higher tier ill-health pension is calculated under article 12.
If the firefighter member takes member-initiated early retirement the period of additional service shall be part of the total to which the actuarial reduction is applied under article 15.
If the firefighter member takes Board-initiated early retirement, the period of additional service shall be part of the pensionable service on which the pension is calculated under article 16.
Annotations
Textual amendments
- F1
Words in Annex Scheme art. 70(1)(2) inserted (1.4.2015) by The New Firefighters' Pension Scheme (Amendment) Order (Northern Ireland) 2015 (S.R. 2015/9), art. 1(2), Sch. para. 9(12)