2A

1

This paragraph applies where—

a

a person’s entitlement to a Category A or Category B retirement pension is deferred,

b

the pension includes an increase under paragraphs 5 to 6, and

c

the person has made (or is treated as having made) an election under paragraph A1(1)(b) in relation to the period of deferment.

2

The rate of the person’s Category A or Category B retirement pension shall be increased by an amount equal to the aggregate of the increments to which he is entitled under sub-paragraph (3).

3

For each complete incremental period in the person’s period of deferment, the amount of the increment shall be 1/5th per cent. of the weekly rate of the increase to which the person would have been entitled under paragraphs 5 to 6 for the period if his entitlement to the Category A or Category B retirement pension had not been deferred.