Regulation 82 Qualifying for retirement benefits

(1)

A person (P) is qualified for retirement benefits under this scheme if—

(a)

P has at least 2 years' qualifying service; or

(b)

a transfer payment otherwise than from another occupational pension scheme has been accepted in relation to P.

(2)

In these Regulations, a period of qualifying service is the total of the following—

(a)

any period of pensionable service under this scheme (other than a period of post-benefit service);

(b)

for a transition member, any period of pensionable service under the existing scheme before the member's transition date;

(c)

if a transfer payment has been accepted from another occupational pension scheme in relation to P, a period equal to P's period of pensionable service under that scheme.

(3)

Any pensionable service in respect of which a person's rights under this scheme or the existing scheme are extinguished M1 is not qualifying service.

Annotations

Marginal citations

M1: Regulation 189(4) provides for extinguishment of rights following the repayment of the member's contributions. Regulation 203(6) provides for extinguishment of rights following a transfer value payment.