[F113B.—(1) A minimum age for any member of a scheme for payment of or entitlement to a particular age related benefit on the grounds of redundancy where it is enhanced in accordance with sub-paragraph (2) and paid either with or without consent (whether of an employer, the trustees or managers of the scheme or otherwise).E+W+S
(2) The enhancement of any age related benefit payable to or in respect of a member on the grounds of redundancy where the enhancement is calculated in one or more of the following ways—
(a)by reference to the years of prospective pensionable service a member would have completed if he had remained in pensionable service until normal pension age;
(b)by reference to a fixed number of years of prospective pensionable service;
(c)by making an actuarial reduction which is smaller than if early retirement had been on grounds to which paragraph 12 applied; or
(d)by not making any actuarial reduction for early retirement.
(3) Sub-paragraph (1) shall also apply to different minimum ages for different groups or categories of members.]
Textual Amendments
F1Sch. 2 paras. 13 -13B substituted for Sch. 2 para. 13 (1.12.2006) by The Employment Equality (Age) (Amendment No.2) Regulations 2006 (S.I. 2006/2931), regs. 1(1), 11(2)