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 What is the minimum period of membership I need to be entitled to ill health benefits?
Three months.
When deciding the 3 tiers, what do you mean by “gainful employment”?
This is a term from the Regulations and means paid employment of at least 30 hours a week for at least 12 months.
Is there any impact if I am part time when I retire on ill health?
Any extra membership will be adjusted to reflect your part time hours on leaving.
If I retire on ill health can I still swap pension for lump sum at the rate of £1 pension = £12 lump sum?
There is nothing we can see in the way the Regulations are written which would stop you doing this – even on tier 3. |
