PART 4 N.I. Pension accounts

CHAPTER 6 N.I. Deferred member's account

Deferred member's account established after ill-health pension ceases to be payable N.I.

67.  If an ill-health pension ceases to be payable to a person (P) under regulation 114 or 118 and P does not re-enter pensionable service—

(a) a deferred member's account must be established; and

(b) that account must be credited with an amount equal to the annual rate of pension payable immediately before the ill health pension ceased to be payable.