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Teachers' Superannuation Regulations (Northern Ireland) 1998
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- Northern Ireland Statutory Rules
- 1998 No. 333
- Part E
- Regulation E16
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Short service annuity
E16.—(1) A person who—
(a)has not been in pensionable employment at any time after 5th April 1980; and
(b)is not qualified for retirement benefits; and
(c)would but for regulation 42(2) of the 1977 Regulations have been entitled to be repaid the balance of his contributions,
is entitled to be paid, from his 60th birthday, an annuity for life.
(2) The rate of the annuity is the actuarial equivalent of the balance of his contributions calculated in accordance with regulation C10 as at his 60th birthday.
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