PART 5Retirement Benefits for Teachers
CHAPTER 3Phased retirement
Meaning of “entitlement day” (phased retirement pension)92.
The entitlement day for a phased retirement pension is—
(a)
if a person (P) meets the reduced annual rate condition, the day on which the reduced annual rate takes effect; or
(b)
if P meets the new employment condition, the day on which P enters a new employment.