PART 7Benefits for pension credit members

Entitlement to pension credit members’ pension105.

(1)

A pension credit member (P) of this scheme is entitled to the immediate payment of a pension credit member’s pension under this scheme if—

(a)

P has reached deferred pension age;

(b)

the pension sharing order under which P is entitled to the pension credit has taken effect; and

(c)

P has claimed payment of the pension.

(2)

If P is entitled to two or more pension credits, P is entitled to a pension credit member’s pension in respect of each pension credit.