Article 5 Reduction in respect of guaranteed minimum pensions

The amount by reference to which any increase in the rate of an official pension provided for by this Order is to be calculated shall, in the case of a person—

(a)

who is entitled to a guaranteed minimum pension on 7th April 2014; and

(b)

whose entitlement to that guaranteed minimum pension arises from an employment from which (either directly or by virtue of the payment of a transfer credit) entitlement to the official pension also arises,

be reduced by an amount equal to the rate of the guaranteed minimum pension unless the Department of Finance and Personnel^f1 otherwise directs in accordance with the provisions of Article 69A^f2 of the 1975 Order.

Annotations

Footnotes

f1: See S.I. 1982/338 (N.I. 6) Art. 4
f2: Inserted by S.I. 1979/396 (N.I. 5) Art. 10 and amended by S.I. 1986/1888 (N.I. 18) Art. 11(9) and 1993 c. 49 section 184 and paragraph 15(2) of sch. 7