Chwilio Deddfwriaeth

The Transport Act 2000 (Civil Aviation Authority Pension Scheme) Order 2001

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Pension

3.2  At the request of an Ex-spouse Participant a pension can be paid to the Ex-Spouse Participant at any time between the date he or she attains the age of 50 and the date he or she attains the age of 75. It may be paid at an earlier age if he or she is suffering incapacity but only if, where the Ex-Spouse Participant is entitled to benefits under the CAA Rules as a Member of the CAA Section, he or she has been permitted to take benefits under the CAA Rules which are available on incapacity. The pension shall increase each year by at least the amount (if any) as is required in accordance with the Pensions Act 1995. The value of the Pension shall be equal to the amount of the Pension Credit.

If the Ex-Spouse Participant is over the age of 75 at the date the Pension Sharing Order comes into effect the pension shall commence immediately.

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