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Paragraph 25B F1

Northern Ireland

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

This paragraph applies to a person in relation to whom all of the following conditions are met—

(a)

the person is terminally ill;

(b)

if the person lived to the relevant age, the person would become entitled on attaining that age to relevant compensation in relation to the scheme;

(c)

the person has not yet become entitled to any compensation under the pension compensation provisions in relation to the scheme;

F2(d)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

A person to whom this paragraph applies may make an application to the Board to commute the future entitlement mentioned in sub-paragraph (1)(b) for a lump sum (“a terminal illness lump sum”) payable on the granting of the application.

(3)

For the purposes of this Chapter a person is “terminally ill” at any time if at that time the person suffers from a progressive disease and the person's death in consequence of that disease can reasonably be expected within F312 months.

(4)

In this paragraph—

  • F4...

  • “ relevant age ”, in relation to a person, means—

    1. (a)

      in relation to compensation entitlement to which has been accelerated F5... under regulations under paragraph 25 ..., the age at which the person becomes entitled to the compensation in accordance with the regulations;

    2. (b)

      in relation to compensation entitlement to which has not been so accelerated F6..., normal pension age (or, in a case to which paragraph 21 F7or 21A applies, normal benefit age);

  • “ relevant compensation ” means—

    1. (a)

      periodic compensation under paragraph 11 or 15, or

    2. (b)

      lump sum compensation under paragraph 14 or 19.

(F85)

Sub-paragraph (6) applies where—

(a)

the commencement of a person's periodic compensation under paragraph 11 or 15 is postponed by virtue of paragraph 25A, or

(b)

the payment of a person's lump sum compensation under paragraph 14 or 19 is postponed by virtue of that paragraph.

(6)

This paragraph applies as if—

(a)

the person first becomes entitled to compensation under the paragraph in question immediately after the period of postponement ends, and

(b)

in sub-paragraph (1)(b), for “if the person lived to the relevant age, the person would become entitled on attaining that age” there were substituted “ if the period of postponement ended, the person would become entitled ”.

Annotations

Textual amendments

F1

Sch. 6 paras. 25B-25F and preceding cross headings inserted (1.4.2009 for certain purposes otherwise prosp.) by Pensions (No. 2) Act (Northern Ireland) 2008 (c. 13), ss. 100, 118(1), Sch. 6 para. 14; S.R. 2009/147, art. 2(a)(iii)(b)

F2

Sch. 6 para. 25B(1)(d) omitted (18.11.2024 for the tax year 2024-25 and subsequent tax years) by virtue of The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024 (S.I. 2024/1012), regs. 1(2)(3), 10(a)

F3

Words in Sch. 6 para. 25B(3) substituted (29.6.2026) by Pension Schemes Act 2026 (c. 22), ss. 122(b), 133(11)(a)

F4

Words in Sch. 6 para. 25B(4) omitted (18.11.2024 for the tax year 2024-25 and subsequent tax years) by virtue of The Pensions (Abolition of Lifetime Allowance Charge etc) (No. 2) Regulations 2024 (S.I. 2024/1012), regs. 1(2)(3), 10(b)

F5

Words in Sch. 6 para. 25B(4) omitted (27.3.2013) by virtue of Pensions Act (Northern Ireland) 2012 (c. 3), s. 34(3), Sch. 4 para. 26(1)(a)(i); S.R. 2013/83, art. 2(b)(ii)

F6

Words in Sch. 6 para. 25B(4) omitted (27.3.2013) by virtue of Pensions Act (Northern Ireland) 2012 (c. 3), s. 34(3), Sch. 4 para. 26(1)(a)(ii); S.R. 2013/83, art. 2(b)(ii)

F7

Words in Sch. 6 para. 25B(4) inserted (7.6.2012) by Pensions Act (Northern Ireland) 2012 (c. 3), s. 34(3), Sch. 4 para. 19(3)(c); S.R. 2012/233, art. 2(2)(k)(iv)

F8

Sch. 6 para. 25B(5)(6) inserted (27.3.2013) by Pensions Act (Northern Ireland) 2012 (c. 3), s. 34(3), Sch. 4 para. 26(1)(b); S.R. 2013/83, art. 2(b)(ii)

Notes on Schedule 6

Textual amendments

F1

mod. by SR 2005/171

Modifications

C1

Sch. 6 modified (1.8.2006) by Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282), reg. 3(2)

C2

Sch. 6 modified by S.R. 2005/149, reg. 13A (as inserted (1.4.2009) by Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2009 (S.R. 2009/78), reg. 4)

C3

Sch. 6 modified by S.R. 2005/149, reg. 024(02) (as added (6.4.2010) by The Pension Protection Fund (Miscellaneous Amendments) Regulations (Northern Ireland) 2010 (S.R. 2010/80), regs. 1(b), 4(4))

C4

Sch. 6 modified by S.R. 2005/149, reg. 23(2) (as substituted (24.7.2014) by The Pensions (2012 Act) (Transitional, Consequential and Supplementary Provisions) Regulations (Northern Ireland) 2014 (S.R. 2014/204), regs. 1(1), 59(4)(c))

C5

Sch. 6 modified by S.R. 2005/149 reg. 27(2) (as added (24.2.2018) by The Pension Protection Fund (Compensation) (Amendment) Regulations (Northern Ireland) 2018 (S.R. 2018/26), regs. 1, 2(6))

C6

Sch. 6 modified by S.R. 2005/149 reg. 28(1) (as added (2.10.2018) by The Pension Protection Fund (Pensionable Service) and Occupational Pension Schemes (Investment and Disclosure) (Amendment and Modification) Regulations (Northern Ireland) 2018 (S.R. 2018/165), regs. 1(2), 2(3))