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Paragraph 30 Transition member who has reached normal pension age under the PCSPSI1

United Kingdom

(1)

This paragraph applies in relation to a transition member with continuity of service who is receiving payment of an ill-health pension in accordance with paragraph 29.

(2)

When the member reaches normal pension age under the PCSPS—

(a)

the benefits payable under paragraph 29 in respect of service in the PCSPS cease to be payable under this scheme; F1...

(b)

the member becomes entitled under the PCSPS to the immediate payment of a full retirement earned pension within the meaning of paragraph 29, in accordance with the rules of that scheme F2; and

(c)

no lump sum is payable to the member under the PCSPS.

(3)

In calculating the annual rate of full retirement earned pension payable under the PCSPS for the purposes of sub-paragraph (2)(b), the following are subtracted—

(a)

the commutation amount (if any) F3, to the extent that it relates to pension payable under paragraph 29(3)(a)(ii) and 29(4)(a)(iii)

F4(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .; and

(c)

an amount equal to any transfer payment made to another scheme before the member reached normal pension age under the PCSPS.

(4)

Before the amounts in sub-paragraph (3)(a) and (b) are subtracted they must be increased by the amount by which the annual rate of a pension of that amount would have been increased under PIA 1971 if—

(a)

that pension was eligible to be so increased; and

(b)

the beginning date for that pension was the date that ill-health pension became payable under this scheme.

Annotations

Textual amendments

F1

Word in Sch. 2 para. 30(2)(a) omitted (1.4.2015) by virtue of The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 16(14)(a)

F2

Sch. 2 para. 30(2)(c) and word inserted (1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 16(14)(b)

F3

Words in Sch. 2 para. 30(3)(a) substituted for semicolon (1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 16(15)(a)

F4

Sch. 2 para. 30(3)(b) omitted (1.4.2015) by virtue of The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 16(15)(b)

Commencement

I1

Sch. 2 para. 30 in force at 15.8.2014, see reg. 1(2)