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PART 4Pension accounts

CHAPTER 6Deferred member’s account

Account established after ill-health pension ceases to be payable

64.  If an ill-health pension ceases to be payable to a person (P) under regulation 111 or 115 and P does not re-enter pensionable service—

(a)a deferred member’s account must be established; and

(b)that account must be credited with an amount equal to the annual rate of pension payable immediately before the ill-health pension ceased to be payable.