Document ID: chunk:federal_register_of_legislation:F2015L00874:reg:5
Version: federal_register_of_legislation:F2015L00874
Segment Type: reg
Provision Reference: reg 5
Character Range: 1791–2712

5  Meaning of person's pension reduction age
 (1) For the purposes of this instrument, a person's pension reduction age is worked out in accordance with this section.
 (2) If the pension to be reduced has started to be paid, the person's pension reduction age is as follows:
 (a) if it is the person's birthday on the pension reduction day—the age of the person on that day;
 (b) otherwise—the age of the person at the person's last birthday before the pension reduction day.
Note: Pension reduction day has the meaning given by rule 17.1.9 of the PSS Rules.
 (3) If the pension to be reduced has not started to be paid, the person's pension reduction age is as follows:
 (a) if it is the person's birthday on the day the pension becomes payable to the person—the age of the person on that day;
 (b) otherwise—the age of the person at the person's last birthday before the day the pension becomes payable to the person.