The Police Pensions (Amendment) Regulations 2003

6.  In regulation 11 (retirement pensions)—

(a)in paragraph (1) (retirement pension to be payable to the participant for life, commencing on the date of his retirement) for the words “commencing on the date of his retirement” there are substituted the words

“commencing—

(a)in the case of a participator within paragraph (2), on the date of his retirement, and

(b)in the case of a participator within paragraph (2A), from the date on which the police authority apply the amount obtained under paragraph (6) as mentioned in that paragraph”,

(b)in paragraph (2) (obligation to make pension election) after the words “a participator” there are inserted the words “who retires before 1st November 1999”,

(c)after that paragraph there is inserted—

“(2A) A participator who retires on or after 1st November 1999 is to make a pension election before his 75th birthday”,

(d)in paragraph (3) (notice of pension election to specify certain matters relating to the annual rate of the retirement pension and from which of the pension providers it is to be purchased) for the words following paragraph (c) there are substituted the words “and, in the case of a participator within paragraph (2), from which of the pension providers, or in the case of a participator within paragraph (2A), from which insurance company, the pension is to be purchased”,

(e)in paragraph (6) (duty to realise investments and purchase pension from specified pension provider)—

(i)for the words “paragraphs (7) and (8)” there are substituted respectively the words “paragraphs (7) to (8)”,

(ii)after the words “pension provider” there are inserted the words “or, as the case may be, insurance company”,

(f)in paragraph (7) (power for police authority to purchase pension from alternative pension provider) after the words “paragraph (8),” there are inserted the words “in case of a participator who retires before 1st November 1999”, and

(g)after that paragraph there is inserted—

“(7A) subject to paragraph (8), in the case of a participator who retires on or after 1st November 1999 and does not make a pension election before his 75th birthday, the police authority shall apply the amount obtained to the purchase from an insurance company of such a retirement pension as appears to them to be suitable having regard to the participator’s family circumstances and his age and health”.