PART 4 PENSION AWARDS

Personal pensions

29 Police officer’s deferred pension
This regulation applies to a police officer who fulfils the qualifying service criterion and who—
(a) ceases to serve as such otherwise than on retirement under regulation 15, 16, 17 or 18, or
(b) makes an election under regulation 7,
in circumstances—
(i) in which no transfer value under regulation 74 has been, or is required to be, paid in respect of him, and
(ii) which do not entitle him to any pension award under any of the preceding provisions of this Part or regulation 40 ( guaranteed minimum pension).
2 A police officer to whom this regulation applies shall, on so retiring or otherwise ceasing to serve or, as the case may be, on making such election, be entitled to a deferred pension as provided in this regulation.
3 In the case of an officer who falls within paragraph (1)(b) and who cancels his election in accordance with regulation 7(5) before his deferred pension has come into payment, his entitlement to that deferred pension shall be relinquished.
4 A deferred pension shall be calculated in accordance with paragraphs (5) and (6).
5 No payment shall be made on account of the pension in respect of the period—
(a) before the officer in question attains the age of 65 years, or
(b) from the officer in question becoming permanently disabled for engaging in any regular employment if he was not ineligible under regulation 6 for a pension award on the ground of permanent disablement before he became so disabled (subject, however, to regulation 51);
whichever is sooner.
6 Subject to paragraph (5), police officer’s deferred pension shall be—
(a) an annual sum payable for life; and
(b) a lump-sum payment,
calculated as if the deferred pension were an ordinary pension calculated under regulation 25.