Regulation 11 Purchase of additional benefits on and after reaching the age of 60

(1)

In regulation C3C^f1(election in respect of additional benefits) for paragraph (1) substitute—

“(1)
Any person in pensionable employment—

(a)
who has not attained the normal pension age, or

(b)
who is a pre-2007 entrant who has attained the age of 60 years but has not attained the age of 65 years,

may at any time elect to pay additional contributions in accordance with Schedule 2A in order to be credited with additional benefits.”.

(2)

In Schedule 2A^f2(election in respect of additional benefits)—

(a)

in paragraph 4—

(i)

in sub-paragraph (a) after “the normal pension age” insert “unless the person falls within sub-paragraph (aa)”and omit “and” at the end of that sub-paragraph;

(ii)

after sub-paragraph (a) insert the following—

“(aa)
where the election is made by a person who is a pre-2007 entrant who has attained the age of 60 years, the period ends before the person attains the age of 65 years, and”; and

(b)

in paragraph 27(b), after “the normal pension age” insert “or, where the election is made in respect of a person who is a pre-2007 entrant who has attained the age of 60 years, the age of 65 years”.

Annotations

Footnotes

f1: Regulation C3C was inserted by paragraph 11 of Schedule 3 to S.I. 2006/3122.
f2: Schedule 2A was inserted by paragraph 72 of Schedule 3 to S.I. 2006/3122.