Regulation 120 Pension credit member’s rightsI1

If regulation 7(5) of the Pension Sharing (Pension Credit Benefit) Regulations 2000 (early retirement or deferred retirement) applies, the scheme manager must be reasonably satisfied that the requirements of that regulation have been met.

Benefits that are attributable (directly or indirectly) to a pension credit may not be aggregated with any other benefit to which a pension credit member is entitled under this scheme.

If a pension credit member is a dual capacity member, benefits are payable to or in respect of the member in each of the member’s capacities.