Regulation 152 Entitlement to pension credit retirement pensionI1
Scotland
(1)
A pension credit member (P) is entitled to payment of a pension credit retirement pension from the entitlement day if P has applied under regulation 159 for payment of the pension.
(2)
If P is entitled to 2 or more pension credits—
(a)
benefits are payable to P under this scheme as if P were 2 or more members, each being entitled to one of the pension credits; and
(b)
the amounts payable are determined accordingly.
(3)
A pension credit retirement pension is payable for life.
Annotations
Commencement
- I1
Reg. 152 in force at 1.4.2015, see reg. 1(2)(b)