PART 4Contributions

CHAPTER 5Additional pension

Retirement pension (other than ill-health pension) becomes payable before the end of the contributions payment period64

1

This regulation applies if any of the following retirement pensions becomes payable to M before the end of the contributions payment period—

a

a partial retirement (if M has elected to receive additional pension with it);

b

a premature retirement pension;

c

an early retirement pension.

2

If this regulation applies—

a

periodic payments for additional pension cease to be payable on the entitlement day for that pension; and

b

the amount of accrued additional pension as at the day M leaves the pensionable service concerned is an amount determined by the scheme manager, having regard to—

i

the period over which the contributions were paid; and

ii

the length of the contribution payment period.