The Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000 No. 146

Part II Pension Credit Benefit Under Occupational Pension Schemes

Value of alternatives to pension credit benefit

11.  The amount referred to in regulations 7, 8 and 9 is an amount equal to the value of the benefits (or, where the alternative is provided by way of partial substitute for pension credit benefit, the relevant part of the benefits) that have accrued to or in respect of the person entitled to the benefit.