25.—(1) This paragraph applies if an active member of this scheme in relation to a continuous period of pensionable service has a normal pension age above 65 years.
(2) Subject to sub-paragraphs (3) and (4), the member may opt to make periodical payments for an effective pension age of 1, 2 or 3 years below the member’s normal pension age (“effective pension age option”).
(3) An effective pension age option may not be exercised to achieve an effective pension age below 65 years.
(4) The member may opt to make periodical payments for an effective pension age of any period up to 3 years below the member’s normal pension age if that would achieve an effective pension age of 65 years.
(5) An effective pension age is—
(a)relative to normal pension age; and
(b)automatically adjusted to reflect any change in normal pension age.
Textual Amendments
F1Word in Sch. 1 para. 25 heading inserted (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), 57(3)
Commencement Information
I1Sch. 1 para. 25 in operation at 18.12.2014, see reg. 1(2)