PART 6Retirement benefits

CHAPTER 4Ill-health benefits

Annual rate of ill-health pension69.

(1)

The annual rate of an ill-health pension is the sum of—

(a)

the annual rate of full retirement earned pension, calculated in the same way as for an active member under regulation 57, but without subtracting the early payment reduction; and

(b)

an ill-health enhancement.

(2)

The annual rate of a full retirement added pension of any description payable with an ill-health pension is calculated in the same way as for an active member under regulation 57, but without subtracting the early payment reduction.

(3)

In this regulation—

an ill-health enhancement” means half the annual rate of a full retirement earned pension calculated in respect of a member's assumed period of pensionable service and based on the member's pensionable earnings as at the date their pensionable service ceases;

the member's assumed period of pensionable service” means the period (expressed in years)—

(a)

beginning with the day after the member's continuous period of pensionable service ceased; and

(b)

ending with—

  1. (i)

    for a member appointed for a fixed term, the day with which that term ends; or

  2. (ii)

    for all other appointments, the day before the day on which the member will reach prospective normal pension age (assuming that the member lives until that age).