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29.—(1) This regulation applies in the case of a member who leaves his employment and is not entitled to immediate payment of retirement pension under any of regulations 16 (normal retirement) to 20 (early leavers: ill-health).
(2) His entitlement to benefits that would, apart from any other provision, become payable on his attaining normal retirement age, is calculated in accordance with regulation 7 (calculation of length of periods of membership) as at the date of his leaving such employment.
(3) Subject to regulations 30 (choice of early payment of pension) and 31 (early payment of pension: ill-health), his retirement pension becomes payable on attaining normal retirement age.
(4) But that entitlement is extinguished if an aggregation takes place under regulation 6 (periods of membership) or if a transfer out takes place under regulations 74 to 76 (transfers out) of the Administration Regulations.
(5) Where a member chooses not to receive payment of his retirement pension, or any part of it, immediately on attaining normal retirement age, his entitlement is enhanced in accordance with guidance issued by the Government Actuary.
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