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PART 6Retirement benefits

CHAPTER 3Partial retirement benefits

Entitlement to partial retirement pension or full retirement pension

67.  An active member of this scheme (P) who exercises the partial retirement option is entitled to the immediate payment for life of—

(a)if P claims payment of part only of P’s accrued pensions, a partial retirement pension calculated in accordance with regulation 55; or

(b)if P claims payment of the whole of P’s accrued pensions, a full retirement pension calculated in accordance with regulation 52.