The Health and Social Care Pension Scheme Regulations (Northern Ireland) 2015 No. 120

PART 5 Member’s benefits

CHAPTER 2 Age retirement

Late payment of pension with actuarial increase

74.—(1) Paragraph (2) applies where a member becomes entitled to payment of an age retirement pension on ceasing pensionable employment after reaching normal pension age

(2) An increase amount (“the late payment actuarial increase”) must be calculated in accordance with paragraph 2 of Schedule 11.