PART 5Retirement Benefits for Teachers

CHAPTER 7Short-service serious ill-health grant

Application for payment of grant119.

(1)

An application made by a person (P) under regulation 162 for payment of a short-service serious ill-health grant—

(a)

must be accompanied by all the medical evidence necessary for the Department to determine that P is entitled to the payment; and

(b)

must be signed by P's employer.

(2)

The medical evidence must include a medical report containing evidence that P—

(a)

meets the incapacity condition; and

(b)

has a life expectancy of less than a year.

Meaning of “entitlement day” (short-service serious ill-health grant)120.

The entitlement day for a short-service serious ill-health grant is the day after a person (P) leaves all eligible employment because P is incapacitated.

Entitlement to short-service serious ill-health grant121.

(1)

A person (P) is entitled to payment of a short-service serious ill-health grant on the entitlement day if—

(a)

P was in pensionable service (other than post-benefit service) for at least 12 months;

(b)

P has left all eligible employment because P is incapacitated;

(c)

P is not qualified for retirement benefits;

(d)

P has not reached 75;

(e)

within 6 months of leaving pensionable service P has applied under regulation 162 for payment of the grant; and

(f)

the Department is satisfied after consideration of the medical report that—

(i)

P meets the incapacity condition; and

(ii)

P has a life expectancy of less than a year.

(2)

This regulation does not apply if P is in a period of post-benefit service immediately before the entitlement day.

Amount of grant122.

(1)

The amount of a short-service serious ill-health grant is the greater of—

(a)

1/6th of the member's annual rate of pensionable earnings as at the last day of pensionable service; and

(b)

the total of the amounts specified in paragraph (2).

(2)

The amounts are—

(a)

all the members' contributions, additional pension contributions, buy-out contributions and faster accrual contributions paid up to the date of receipt of the application under regulation 119, except any paid in respect of a period of pensionable service for which a short-service serious ill-health grant has been paid; and

(b)

interest on those contributions from the first day of the financial year following that in which they were paid to the date of payment at 3% per year, compounded with yearly rests.