PART 5Retirement benefits for teachers
CHAPTER 3Phased retirement
Entitlement to phased retirement pension93
1
A person (P) is entitled to payment of a phased retirement earned pension from the entitlement day if—
a
P has reached normal minimum pension age but has not reached 75;
b
P is qualified or re-qualified for retirement benefits;
c
P meets the reduced annual rate condition or the new employment condition;
d
P has made a phased retirement application; and
e
P has not applied under regulation 162 for payment of any other retirement pension.
2
P is entitled to payment of a phased retirement additional pension from the entitlement day if P has applied under regulation 94 to receive an additional pension with the phased retirement earned pension.
3
Subject to regulation 97, a phased retirement pension is payable for life.