Regulation 4 Normal pension ageI1
England and Wales
Subject to paragraphs (2) and (3), a person’s normal pension age is to be determined in accordance with Part 7 of the 2010 Regulations and regulation 3 of the 2014 Regulations.
A person who is a member of the existing scheme with a normal pension age of 60 is, for the purposes of these Regulations, to be treated as having a normal pension age of 65.
The normal pension age of a transition member is—
in relation to reckonable service under the existing scheme which is taken into account in calculating mandatory compensation under Part 4, 65;
in relation to accrued pension under the 2015 scheme which is taken into account in calculating mandatory compensation under Part 4 or discretionary compensation under Part 5, the state pension age.
A person who attains normal pension age in relation to the existing scheme but has not attained normal pension age in relation to the 2015 scheme is eligible to receive benefits under the existing scheme which are payable by reason of the person having attained normal pension age under that scheme and benefits under the 2015 scheme which are payable by reason of the person not having attained normal pension age under that scheme.
Annotations
Commencement
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Reg. 4 in force at 1.4.2015, see reg. 1