PART 6Retirement benefits
CHAPTER 4F1Ill-Health benefits
Deferment of accrued earned pension attributable to a transfer paymentI178
1
This regulation applies in relation to a member of this scheme—
a
who is entitled to an ill-health pension; and
b
whose active member’s account as at the end of the last day of pensionable service specifies an amount of accrued earned pension attributable in whole or in part to a transfer payment received by this scheme in relation to the member in the 24 months before that last day.
2
If the scheme manager so directs, the member becomes a deferred member of this scheme in respect of that amount of accrued earned pension and accordingly—
a
a deferred member’s account must be established under Part 5 (pension accounts);
b
that amount of accrued earned pension must be specified in the deferred member’s account as the provisional amount of deferred earned pension; and
c
that amount of accrued earned pension is not included in the calculation of the annual rate of full retirement earned pension.
Word in Ch. 4 heading substituted (with effect in accordance with of the amending Rule) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations (Northern Ireland) 2022 (S.R. 2022/67), regs. 1(2), 21