Regulation 103 Meaning of “entitlement day” (early retirement pension)

(1)

The entitlement day for an early retirement pension is as follows.

(2)

If a person (P) is not in eligible employment when P applies under regulation 162 for payment of the pension, the entitlement day is a day specified in P's application which is at least 6 weeks after the day on which the application is made.

(3)

If P is in eligible employment when P applies under regulation 162 for payment of the pension and P's employer agrees that an early retirement pension should become payable to P, the entitlement day is the day after P leaves all eligible employment.

(4)

If P is in eligible employment when P applies under regulation 162 for payment of the pension and P's employer does not agree that an early retirement pension should become payable to P—

(a)

if P continues in eligible employment for at least 6 months after the date on which P asks P's employer to agree, the entitlement day is the day after P leaves all eligible employment;

(b)

if P leaves all eligible employment before the end of 6 months after the date on which P asks P's employer to agree, the entitlement day is a day specified in P's application which is at least 6 weeks after the day on which the application is made.

(5)

Despite sub-paragraphs (2) to (4), the entitlement day must not be before the day on which P—

(a)

reaches normal minimum pension age; or

(b)

leaves all eligible employment.