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The Police Service of Northern Ireland Reserve (Full-time) Severance Regulations 2006
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- Northern Ireland Statutory Rules
- 2006 No. 313
- PART 4
- Regulation 11
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Payment in lieu
11.—(1) A member who would have been entitled to a short service award as defined in regulation B2 (member’s short service award) of the Pensions Regulations shall receive a payment in lieu in accordance with this regulation.
(2) The payment in lieu will be equivalent to the short service award in regulation B2 to which the member would have been entitled had he qualified for a pension from the date of leaving, subject to the modification in paragraph (3).
(3) Regulation B2(1) of the Pension Regulations shall have effect as if, for the words “is or was required to retire on account of age”, there were substituted “retired under the terms of the Police Service of Northern Ireland Reserve (Full-time) Severance Regulations 2006”.
(4) An applicant who is entitled to a payment in lieu will be entitled to commute a proportion of his payment in lieu under regulation B7(4)(b) (commutation – general provision) of the Pensions Regulations, in place of the commutation lump sum payable at 60 years.
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