PART 5 Retirement benefits for teachers

CHAPTER 4Premature retirement

Entitlement to premature retirement pension101

1

A person (P) is entitled to payment of a premature retirement pension from the entitlement day if—

a

P has reached normal minimum pension age but has not reached normal pension age;

b

P is qualified or re-qualified for retirement benefits;

c

P's pensionable service in relation to an employment is terminated by reason of P's redundancy or in the interests of the efficient discharge of the functions of P's employer;

d

P's employer gives written notice to the scheme manager stating that—

i

P's pensionable service was terminated by reason of P's redundancy or in the interests of the efficient discharge of the employer's functions; and

ii

the employer agrees that a premature retirement pension should become payable to P;

e

P receives no compensation under F1Part 3 of the Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015 as a result of P's pensionable service being terminated;

f

P has left all eligible employment;

g

P has applied under regulation 162 for payment of a premature retirement pension; and

h

P has not applied under that regulation for payment of any other retirement pension.

2

P is not entitled to payment of a premature retirement pension in respect of any pensionable service after P reaches normal pension age.

3

If the employer is not the local authority, the local authority must give the notice under sub-paragraph (1)(d) if—

a

P's pensionable service was in relation to an employment that falls within category A (as defined by F2regulation 34(1) of the Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015; and

b

the governing body of the school or institution mentioned in that provision asks the local authority to do so.

4

A premature retirement pension is payable for life.