Regulation 32 Police officer’s deferred pension

(1)

This regulation applies to a regular police officer who fulfils the qualifying service criterion and who—

(a)

ceases to serve as such otherwise than on retirement under regulation 18, 19, 20 or 21, or

(b)

makes an election under regulation 9,

in circumstances—

(i)

in which no transfer value under regulation 78 has been, or is required to be, paid in respect of him, and

(ii)

which do not entitle him to any pension award under any of the preceding provisions of this Part or regulation 43 (guaranteed minimum pension for the purposes of the Pension Schemes Act 1993).

(2)

A regular police officer to whom this regulation applies shall, on so ceasing to serve or, as the case may be, on making such election, be entitled to a deferred pension as provided in this regulation.

(3)

In the case of a regular police officer who falls within paragraph (1)(b) and who cancels his election in accordance with regulation 9(5) before his deferred pension has come into payment, his entitlement to that deferred pension shall be relinquished.

(4)

A deferred pension shall be calculated in accordance with paragraph (5); but no payment shall be made on account of the pension in respect of the period before the officer in question attains the age of 65 years or, if he sooner becomes permanently disabled for engaging in any regular employment and he is not ineligible under regulation 8 for a pension award on the ground of permanent disablement, before he becomes so disabled (subject, however, to regulation 54).

(5)

A police officer’s deferred pension shall be an annual sum payable for life and a lump-sum payment, calculated as if the deferred pension were an ordinary pension calculated under regulation 28.