PART 5Retirement benefits for teachers

CHAPTER 2Age retirement

Meaning of “entitlement day” (age retirement pension)82

1

The entitlement day for an age retirement pension is as follows.

2

If a person (P) is qualified for retirement benefits, the entitlement day is the earliest of the following—

a

if P is in pensionable service on the day on which P reaches normal pension age—

i

the day after P leaves all pensionable service; or

ii

the day on which P reaches 75; and

b

if P is not in pensionable service on the day on which P reaches normal pension age, the day on which P reaches normal pension age.

3

If P is re-qualified for retirement benefits, the entitlement day is the earliest of the following—

a

if P is in pensionable service on the date of application, the day after P leaves all pensionable service;

b

if P has left all pensionable service on the date of application, such day as P specifies in the application, which must be no earlier than 6 weeks after the date of application;

c

the date of P’s 75th birthday.

4

In this regulation, “date of application” means the day on which P applies for the payment of an age retirement pension.