Pension debit members and pension credit members
Reduction in pension debit member’s benefits
187. The benefits to which a pension debit member is entitled under this Chapter are subject to the reduction to be made under Article 28 of the 1999 Order.
Pension credit member’s rights
188.—(1) If regulation 7(5) of the Pension Sharing (Pension Credit Benefit) Regulations (Northern Ireland) 2000(1) (early retirement or deferred retirement) applies, the Department must be reasonably satisfied that the requirements of that regulation have been met.
(2) Section 64A(1)(a) of the 1993 Act (safeguarded rights) applies to the safeguarded rights of pension credit members.
(3) Safeguarded rights must be identified as being the safeguarded percentage of the pension credit rights.