3.4.5 PLS - Qualification & Payability

Introduction

This section explains the qualification and payability provisions for the PLS. Except where otherwise stated, the material refers to the CURRENT scheme, NOT the scheme that operated before 10 July 1996. Information about the previous scheme is addressed in a topic at the end of this section.

 

Policy reference: SS Guide 1.2.3.50 Pension Loans Scheme (PLS) - Description

 

In this section

This section contains the following topics:

3.4.5.10 Qualification for PLS

3.4.5.20 Security for PLS

3.4.5.30 Calculating the Maximum PLS Loan

3.4.5.40 Rate of PLS

3.4.5.50 Payability of PLS

3.4.5.60 Supplementary Benefits & Assistance for PLS Recipients

3.4.5.70 Notification & Recipient Obligations for PLS

3.4.5.80 Continuation & Termination of PLS

3.4.5.90 Repayment of the PLS Loan

3.4.5.100 Saved Cases - PLS before 10 July 1996

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Last reviewed: 27 January 1999