42AA
In forceDeferral of benefit on retrenchment before early retirement age
Part 5Benefits
42AA Deferral of benefit on retrenchment before early retirement age
(1)
A contributor who becomes entitled to be paid a benefit under section 42 may elect—
(a)
to take the benefit as provided by that section, or
(b)
to defer in the Fund a benefit calculated in the same way as the benefit provided by that section.
(2)
The provisions of section 43 (except section 43 (6)) apply in relation to a benefit deferred under this section in the same way as they apply in relation to a benefit deferred under that section.
(3)
(Repealed)
This Act’s bill:Explanatory memorandum
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