Regulation 98 Entitlement to premature retirement pensionI1

Scotland

(1)

A person (P) is entitled to payment of a premature retirement pension from the entitlement day if—

(a)

P has reached F1normal minimum pension age but has not reached normal pension age;

(b)

P is qualified or re-qualified for retirement benefits;

(c)

P’s pensionable service in relation to an employment is terminated by reason of P’s redundancy or in the interests of the efficient discharge of the functions of P’s employer;

(d)

P’s employer gives written notice to the scheme manager stating that—

(i)

P’s pensionable service was terminated by reason of P’s redundancy or in the interests of the efficient discharge of the employer’s functions; and

(ii)

the employer agrees that a premature retirement pension should become payable to P;

(e)

P receives no compensation as a result of P’s pensionable service being terminated;

(f)

P has left all eligible employment;

(g)

P has applied under regulation 159 for payment of a premature retirement pension; and

(h)

P has not applied under that regulation for payment of any other retirement pension.

(2)

P is not entitled to payment of a premature retirement pension in respect of any pensionable service after P reaches normal pension age.

(3)

A premature retirement pension is payable for life.

Annotations

Textual amendments

F1: Words in reg. 98(1)(a) substituted (1.4.2015) by The Teachers’ Pension Scheme (Scotland) Amendment Regulations 2015 (S.S.I. 2015/97), regs. 1, 9

Commencement

I1: Reg. 98 in force at 1.4.2015, see reg. 1(2)(b)