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Regulation 3 Benefits payable later than normal pension age

(1)

This regulation applies where the member’s normal pension age is earlier than 60.

(2)

The references to “normal pension age” in F1section 83(1)(a)(iii) of and paragraph 2(7) of Schedule 3 to the Act are to be treated as references to the age at which short service benefit is made payable to the member under the rules of the scheme. Section 83(1)(a)(iii) of and paragraph 2(7) of Schedule 3 to the Act are modified accordingly.

Annotations

Textual amendments

F1

Words in reg. 3(2) substituted (12.5.1994) by The Occupational and Personal Pension Schemes (Consequential Amendments) Regulations 1994 (S.I. 1994/1062), reg. 1(2), Sch. 2 para. 31(3)