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PART II F1N.I.Lump Sums and Widows' and Children's Pensions

F1Ss. 5-11, 15 app 1969 c. 7 (NI) s. 2(6); SRO (NI) 1973/455

N.I.Reduction of pension in return for lump sum

S. 4 rep. by 1959 c. 25 (NI); SLR (NI) 1966

5 F2Lump sum on retirement or death.N.I.

(1)Where a person on retirement becomes eligible for a pension for service, he may be granted a lump sum equal to twice the annual amount of that pension.

(2)Where a person was serving at the time of his death and, if he had then retired on the ground of permanent infirmity, would have become eligible for a pension for that service, his legal personal representatives may be granted a lump sum equal to—

(a)twice the annual amount of the pension for which he would have been so eligible; or

(b)his last annual salary;

whichever is greater.

(3)Where a person on retirement becomes eligible for a pension for service but dies so soon thereafter that the sums paid or payable to him on account of that pension plus an amount equal to twice the annual amount of that pension fall short of his last annual salary for such service, his legal personal representatives may be granted a lump sum equal to the deficiency.

Subs. (4) spent

F2SR 1978/307