Redundancy etc.
25.—(1) If–
(a)a member who is aged 50 or more retires from a local government employment; and
(b)his employing authority certify the reason for his retirement was his redundancy,
he is entitled to a pension and retirement grant.
(2) The pension and grant are payable immediately.
(3) However, a person who is notified under regulation 11 of the Local Government (Compensation for Redundancy or Premature Retirement on Reorganisation) (Scotland) Regulations 1995(1) about compensation due because regulation 7 of those Regulations applies to his retirement may waive his right to immediate payment by notice in writing to his employing authority.
(4) In paragraph (1) “redundancy” includes retirement in the interests of efficiency, or because the member held a joint appointment which has been ended because the other holder has left it.