PART 4 N.I.Pension accounts

CHAPTER 6N.I.Deferred member's account

Deferred member's account closed after break not exceeding 5 yearsN.I.

64.—(1) If a deferred member re-enters pensionable service under this scheme after a gap in service not exceeding 5 years—

(a)the deferred member's account must be closed; and

(b)the active member's account must be re-established.

(2) The active member's account—

(a)must specify the amount of accrued earned pension as at the beginning of the gap in service; and

(b)must be adjusted as if the member had continued as an active member during the gap in service but had received no pensionable earnings.