Regulation 18 Amendment of Principal Regulations

for paragraph (3) there shall be substituted the following paragraph–

“(3)

Subject to paragraphs (4) to (6), where–

(a)

a person who has become entitled to payment of retirement benefits by virtue of regulation E4(5) has ceased to be in pensionable employment or excluded employment on or after 1st September 1997, or

(b)

a person has become entitled to payment of retirement benefits by virtue of regulation E4(5A),

the annual rate of the person’s retirement pension shall be the annual rate of such pension calculated in accordance with paragraphs (1) and (2) and, where appropriate, regulation E7 or E9 (but disregarding the effect of regulation E10) multiplied by the appropriate factor.”,

in paragraph (4) after the words “does not apply where” there shall be inserted “in the case of a person who falls within paragraph (3)(a)”, and

at the beginning of paragraph (5) for the word “If” there shall be substituted “Where the person falls within paragraph (3)(a) and”.