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PART 5 N.I.Retirement benefits

CHAPTER 2N.I.Retirement benefits

Entitlement to retirement pensionN.I.

67.—(1) Subject to paragraph (2), a member of this scheme (P) is entitled to the immediate payment of a retirement earned pension under this scheme if—

(a)P—

(i)has reached the age of 55,

(ii)has at least three months qualifying service,

(iii)has claimed payment of a retirement pension,

(iv)is no longer employed in a scheme employment and so is not entitled to be an active member of this scheme; or

(b)P has exercised the partial retirement option.

(2) Where a member is entitled to an ill-health award, the requirement in paragraph (1)(a)(i) does not apply to that member.

(3) On becoming entitled to the immediate payment of a retirement earned pension, P is entitled to immediate payment of a retirement added pension if P had an added pension account in this scheme before becoming so entitled.

(4) The claim for payment of a retirement pension must be made by notice to the scheme manager in a form required by the scheme manager and must be given before the date on which the first payment of the retirement pension is paid.