PART 5 Retirement benefits for teachers
CHAPTER 3Phased retirement
Cessation of phased retirement pension97
A phased retirement pension ceases to be payable to a member (P) if—
a
in the 12 months after the entitlement day, the annual rate of P's pensionable earnings increases; and
b
as a result, the annual amount of P's pensionable earnings in that 12 month period is more than 80% of the average annual rate—
i
if P met the reduced annual rate condition, in the F112 months of pensionable service immediately before the reduced annual rate took effect; or
ii
if P met the new employment condition, in the last F212 months of the previous employment.