PART 5Modification of short service benefit provisions
Short service benefitI114
1
This regulation applies to a person (P)—
a
who is a deferred member of the new scheme;
b
who is entitled to benefits under the new scheme; and
c
whose–
i
entitlement to benefits under the new scheme is determined by, or
ii
benefits under the new scheme are computed by reference to,
P’s deferred pension age rather than P’s normal pension age.
2
For the purposes of the requirements in sections 67, 68, 70 and 71 of the 1993 Act18and in any subordinate legislation made under Chapter 1 of Part 4 of that Act, as they apply in relation to P, any difference—
a
between P’s entitlement to benefits under the new scheme and any active member’s entitlement to benefits under the new scheme, or
b
between the computation of P’s benefits under the new scheme and any computation of benefits of an active member under the new scheme,
is ignored.