s.37Retirement under special circumstances
37
Section 37Part 2Defined Benefits

Retirement under special circumstances

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37. (1) An active defined benefit plan member shall be eligible to retire from Service with an immediate pension equal to the actuarial equivalent of that person’s normal retirement benefit under this Part, as determined pursuant to regulations and with reference to Plan actuarial tables, based on the plan member’s age, pensionable service and final average pensionable earnings on that person’s actual special retirement date, upon —
the abolition of the plan member’s office; or
the plan member’s removal from office for the purpose of facilitating improvement in the organisation of the department to which the plan member belongs.
The Cabinet may determine that a plan member who retires due to special circumstances may, in addition to the pension provided in subsection (1), be provided an ex gratia pension. In that event, as required by paragraph (d) of section 15, the Government shall make a pre-payment to the Fund of an amount equal to the actuarial value of the ex gratia pension commitments as agreed between the Board and the Government based on the recommendation of the actuary which shall take into account any related death or inflation protection obligations.