Judicial Pensions and Retirement Act 1993

9(1)A qualifying member may only exercise his option by making an application in writing to the Treasury.U.K.

(2)In any case where—

(a)a qualifying member has exercised his option, and

(b)the Treasury has done what is needed to comply with the choice made by him in exercising his option,

the Treasury shall be discharged from any obligation to provide benefits to which the cash equivalent related except, in any such cases as are mentioned in paragraph 6(6) above, to the extent that an obligation to provide guaranteed minimum pensions [F1or give effect to protected rights] continues to subsist.

(3)If the Treasury receives an application under this paragraph, it shall be its duty, subject to the following provisions of this paragraph, to do what is needed to comply with the choice made by the qualifying member in exercising his option—

(a)within twelve months of the date on which it receives his application, or

(b)by the date on which he attains normal pension age,

whichever is the earlier.

Textual Amendments