# The Pensions (Northern Ireland) Order 2005, Article 261: Restrictions on commutation and age at which benefits may be received

Extent: N.I.

(1) For section 17(1) of the Pension Schemes Act (commutation of guaranteed minimum pensions) substitute—
“(1) A scheme may, in such circumstances and subject to such restrictions and conditions as may be prescribed, provide for the payment of a lump sum instead of a pension required to be provided by the scheme in accordance with section 9 or 13.” .
(2) In section 13 of that Act (minimum pensions for widows and widowers), at the end add—
“(8) Where—
(a) a lump sum is paid to an earner under provisions included in a scheme by virtue of section 17(1), and
(b) those provisions are of a prescribed description,
the earner shall be treated for the purposes of this section as having any guaranteed minimum under section 10 that he would have had but for that payment.” .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

---
Source: https://www.legislation.gov.uk/nisi/2005/255/article/261 (the official version)
Page: https://openlegislation.uk/pensions-northern-ireland-order-2005/article-261
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.