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The Pensions (Northern Ireland) Order 2005

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  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
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6.  After paragraph 2 insert—

“2A.—(1) This paragraph applies where—

(a)a person’s entitlement to a Category A or Category B retirement pension is deferred,

(b)the pension includes an increase under paragraphs 5 to 6, and

(c)the person has made (or is treated as having made) an election under paragraph A1(1)(b) in relation to the period of deferment.

(2) The rate of the person’s Category A or Category B retirement pension shall be increased by an amount equal to the aggregate of the increments to which he is entitled under sub-paragraph (3).

(3) For each complete incremental period in the person’s period of deferment, the amount of the increment shall be 1/5th per cent. of the weekly rate of the increase to which the person would have been entitled under paragraphs 5 to 6 for the period if his entitlement to the Category A or Category B retirement pension had not been deferred.”.

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