Regulation 85 Meaning of “entitlement day” (age retirement pension)

(1)

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

(2)

If a person (P) is qualified for retirement benefits, the entitlement day is the earliest of the following—

(a)

if P is in pensionable service on the day on which P reaches normal pension age—

(i)

the day after P leaves all pensionable service; or

(ii)

the day on which P reaches 75; and

(b)

if P is not in pensionable service on the day on which P reaches normal pension age, the day on which P reaches normal pension age.

(3)

If P is re-qualified for retirement benefits, the entitlement day is the earliest of the following—

(a)

if P is in pensionable service on the date of application, the day after P leaves all pensionable service;

(b)

if P has left all pensionable service on the date of application, such day as P specifies in the application, which must be no earlier than 6 weeks after the date of application;

(c)

the date of P's 75th birthday.

(4)

In this regulation, “date of application” means the day on which P applies for the payment of an age retirement pension.