71 Basic principle as to short service benefit
Pension Schemes Act 1993 (1993 c 48) | Legislation

71  Basic principle as to short service benefit

(1)     A scheme must make such provision that where a member's pensionable service is terminated before normal pension age and—

(a)     he has at least 2 years' qualifying service,

[(aa)     he has at least 30 days' qualifying service and, if he were entitled to benefit because of this paragraph, all of it would necessarily be money purchase benefit,] or

(b)     a transfer payment in respect of his rights under a personal pension scheme has been made to the scheme,

he is entitled to benefit consisting of or comprising benefit of any description which would have been payable under the scheme as long service benefit, whether for himself or others, and calculated in accordance with this Chapter.

(2)     The benefit to which a member is entitled

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