{
  "url": "https://openlegislation.uk/social-security-graduated-retirement-benefit-regulations-2005/schedule-1/paragraph-12",
  "json_url": "https://openlegislation.uk/social-security-graduated-retirement-benefit-regulations-2005/schedule-1/paragraph-12.json",
  "legislation": "uksi/2005/454",
  "legislation_title": "The Social Security (Graduated Retirement Benefit) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/social-security-graduated-retirement-benefit-regulations-2005",
  "path": "schedule/1/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": "Choice between increase and lump sum",
  "text": "(1) Where the period of deferment is at least 12 months, a person shall, on becoming entitled to graduated retirement benefit, elect that—\n(a) paragraph 13; or\n(b) paragraph 15,\nis to apply in respect of that period.\n(2) The election referred to in sub-paragraph (1) shall be made—\n(a) on the date on which he claims graduated retirement benefit; or\n(b) within the period after claiming graduated retirement benefit prescribed in paragraph 20B,\nand in the manner prescribed in paragraph 20C.\n(3) If no election under sub-paragraph (1) is made within the period referred to in sub-paragraph (2)(b), the person is to be treated as having made an election under sub-paragraph (1)(b).\n(4) A person who has made an election under sub-paragraph (1) (including one that the person is treated by sub-paragraph (3) as having made) may change the election in the circumstances, manner and within the period prescribed, in paragraph 20D .",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1 para. 12(2) substituted (6.4.2006) by Social Security (Deferral of Retirement Pensions, Shared Additional Pension and Graduated Retirement Benefit) (Miscellaneous Provisions) Regulations 2005 (S.I. 2005/2677), regs. 1(1), 7(2)(b)(i)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 1 para. 12(4) substituted (6.4.2006) by Social Security (Deferral of Retirement Pensions, Shared Additional Pension and Graduated Retirement Benefit) (Miscellaneous Provisions) Regulations 2005 (S.I. 2005/2677), regs. 1(1), 7(2)(b)(ii)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/454/schedule/1/paragraph/12",
    "retrieved_at": "2026-10-29T05:08:31.708340+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}