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Regulation 6 Pensioner’s rights premiums

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

For the purpose of calculating the amount of a pensioner’s rights premium, the Secretary of State shall apply the actuarial tables in Schedule 4 or the actuarial tables in Schedule 5, in accordance with the provisions of this regulation.

(2)

In a case where the person in question is entitled to receive a guaranteed minimum pension in respect of his own service in contracted-out employment, the Secretary of State shall apply the actuarial tables in Schedule 4.

(3)

In a case where the person in question is a woman who is entitled to receive a guaranteed minimum pension in respect of her late husband’s service in contracted-out employment, the Secretary of State shall apply the actuarial tables in Schedule 5.