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The Redundant Association Officers Compensation Regulations 1967
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- UK Statutory Instruments
- 1967 No. 80
- PART V
- Regulation 20
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Retirement compensation payable to pensionable officers before reaching normal retiring age
20.—(1) The retirement compensation which may be paid to such a person as is mentioned in regulation 17 who has been granted a pension before reaching normal retiring age shall be the equivalent of the retirement compensation payable to him on attaining normal retiring age, adjusted—
(a)so that the period during which for the purpose of computing retirement compensation further contributions or increased contributions are deemed to have been made does not extend beyond the date on which the claim for compensation under this regulation is received by the Secretary of State;
(b)by such a reduction as shall appear to the Secretary of State to be appropriate having regard to the period by which payment of retirement compensation to a person under this regulation precedes his attaining normal retiring age; and
(c)by any reduction for a redundancy payment effected in accordance with regulation 27.
(2) The Secretary of State will notify a person claiming compensation under this regulation whether compensation under this regulation may be paid and if so the amount of such compensation.
(3) Retirement compensation shall not be payable under this regulation to a person unless—
(a)he has submitted a claim to the Secretary of State in writing to be paid retirement compensation under this regulation, and
(b)within one month after receiving a notification by the Secretary of State that retirement compensation under this regulation will be payable and of the amount thereof, he has in writing informed the Secretary of State of his desire to receive that amount as retirement compensation.
(4) Where retirement compensation is payable under this regulation, the first annual sum payable shall be payable in respect of the year beginning on the date on which the Secretary of State received the claim.
(5) Long term compensation shall not be payable to a person in respect of a period in respect of which retirement compensation is payable to him.
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