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PART 6N.I.Retirement benefits

CHAPTER 5N.I.Payment options

Options under this ChapterN.I.

80.  The options under this Chapter are—

(a)the option under regulation 82 to buy out the early payment reduction;

[F1(aa)the option under regulation 82A to partially buy out the early payment reduction;]

(b)the option under regulation 83 to defer payment of a full retirement added pension;

(c)the option under regulation 84 (option to commute part of pension) to exchange part of a retirement pension for a lump sum;

(d)the option under regulation 85 to exchange the whole of the member’s accrued pensions for a lump sum.

Textual Amendments

Commencement Information

I1Reg. 80 in operation at 1.4.2015, see reg. 1(3)