Paragraph 6 I1

Northern Ireland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Sch. 5 para. 1 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 2 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 3 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 4 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 5 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 6 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 7 coming into force by Teachers' Superannuation 1998 reg. A1
Sch. 5 para. 1(1) words substituted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(a)
Sch. 5 para. 1(2)-(5) omitted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(b)
Sch. 5 para. 2 omitted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(b)
Sch. 5 para. 3 word omitted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(c)
Sch. 5 para. 3 words substituted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(c)
Sch. 5 para. 6(3) omitted by Teachers’ Pensions etc. (Reform Amendments) 2007 Sch. 3 para. 66(d)

(1)

If before the end of the contribution period the contributions payable under paragraph 5 cease to be payable otherwise than by reason of the person's—

(a)

dying; or

(b)

becoming incapacitated before attaining the age of 60,

he may by giving written notice to the Department within 3 months after the cessation elect to complete payment of the additional contributions by making a lump sum payment under this paragraph.

(2)

Subject to paragraph 3 of Schedule 3, the amount of the payment is the total of the contributions that would have been payable for the remainder of the contribution period.

(3)

A lump sum payable under this paragraph may, if he agrees, be set off against any retirement lump sum to which the person is entitled.

Annotations

Commencement

I1: Sch. 5 para. 6 in operation at 2.11.1998, see reg. A1