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Paragraph 8 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:

(1)

Subject to sub-paragraphs (2) and (3), a member or non-member who—

(a)

is not in pensionable employment and has become entitled to payment of retirement benefits; and

(b)

would otherwise have been able to make an election under paragraph 3 or 4,

may make a corresponding election under this paragraph.

(2)

An election under this paragraph—

(a)

shall be made by written notice given to the Department within 6 months after the date on which the man became entitled to payment of retirement benefits;

(b)

shall specify the period in respect of which it is made; and

(c)

is irrevocable.

(3)

The family benefit contributions payable as a result of an election under this paragraph consist of a lump sum of—

A100×(B×C)

where—

  • A is the annual rate at which his contributable salary was last payable;

  • B is the length, expressed in years and any fraction of a year, of the period in respect of which the election was made; and

  • C is the factor ascertained from Table 4,

but where the election made corresponds to one that could have been made under paragraph 3(1), B is reduced by one-sixth.

TABLE 4

Age on date of electionFactor
27 and under2.90
28-372.95
38-423.00
43-473.05
48 and over3.10

Annotations

Commencement

I1

Sch. 6 para. 8 in operation at 2.11.1998, see reg. A1