Local Government Pension Scheme Regulations (Northern Ireland) 2000 No. 177

SCHEDULE D5 Re-employed pensioners

Part I Reduction of Retirement Pension

General reduction rule

2.  Subject to paragraphs 3, 7 and 9, while the person holds the new employment the annual rate of the retirement pension is reduced—

(a) if the annual rate of remuneration of the new employment, equals or exceeds the indexed annual rate of remuneration of the former employment, to zero; and

(b) otherwise, by the amount (if any) which is necessary to secure that the potential receipts during the new employment do not exceed the indexed annual rate of remuneration of the former employment.