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Paragraph 44 Making periodical payments during period of assumed payI1

United Kingdom

(1)

Subject to sub-paragraph (2), during a period of assumed pay, the member may—

(a)

stop the periodical payments payable under an enhanced effective pension age option; or

(b)

continue the periodical payments as if the member were receiving pensionable earnings at the full rate.

(2)

During any period in which the member is receiving statutory maternity pay within the meaning of the Social Security Contributions and Benefits Act 1992 or is on paid ordinary maternity leave, paid adoption leave F1, paid shared parental leave or paid paternity leave, the member may—

(a)

stop the periodical payments; or

(b)

make periodical payments of an amount determined by reference to the member’s actual pay during that period.

(3)

A member may stop that part of the periodical payments which relates to the years after the member would reach 60 and before the member would reach 65 without stopping that part of the periodical payments which relates to the years after the member would reach 65 and before the member would reach normal pension age.

(4)

If a member stops the periodical payments during a period of assumed pay, the member may, with the approval of the Minister, resume the periodical payments at the beginning of the next pay period after the period of assumed pay ends.

Annotations

Textual amendments

F1

Words in Sch. 1 para. 44(2) inserted (with effect from 1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations 2018 (S.I. 2018/537), regs. 1(2)(b), 27(4)

Commencement

I1

Sch. 1 para. 44 in force at 15.8.2014, see reg. 1(2)