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The Pensions (Northern Ireland) Order 2005

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The Pensions (Northern Ireland) Order 2005, Section 240 is up to date with all changes known to be in force on or before 18 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

Increase in age at which short service benefit must be payableN.I.

This section has no associated Explanatory Memorandum

240.—(1) In section 67 of the Pension Schemes Act (basic principle as to short service benefit), for subsection (3) substitute—

(3) Subject to subsection (4), short service benefit must be made payable as from an age which is no greater than—

(a)the age of 65, or

(b)if in the member's case normal pension age is greater than 65, normal pension age. .

(2) In section 68 of that Act (no discrimination between short service and long service beneficiaries), at the end add—

(4) This section is subject to subsections (3) and (6) of section 67 (age at which short service benefit is to be payable). .

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