# The Teachers’ Pensions etc. (Reform Amendments) Regulations (Northern Ireland) 2007, Paragraph 28: Person ceasing to be in pensionable employment

Extent: N.I.

(1) Where a person who has made a monthly contribution election ceases to be in pensionable employment before the end of the payment period and does not again enter pensionable employment within one month the person may (except where paragraph 29 applies)—
(a) pay to the Department a lump sum of such amount, determined by it, so that he may be credited with the amount of additional benefits specified in the election, or
(b) elect to be credited with an amount of additional benefits, determined by the Department having regard to the contributions paid before he ceased to be in pensionable employment.
(2) Where the lump sum referred to in sub-paragraph (1)(a) is not received by the Department within one month after the date on which the person ceased to be in pensionable employment the person is treated as having elected to be credited with additional benefits under sub-paragraph (1)(b).

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Source: https://www.legislation.gov.uk/nisr/2007/137/schedule/4/paragraph/28 (the official version)
Page: https://openlegislation.uk/teachers-pensions-etc-reform-amendments-regulations-northern-ireland-2007/schedule-4/paragraph-28
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.