(1) Subject to section 22DE, the retiring allowance of a deferring member is payable from the deferral day.
(2) For the purposes of section 18B, the deferring member is taken not to have become entitled to the retiring allowance before the deferral day.
(3) This section does not apply to a retiring allowance under subsection 18(2AA).
(4) This section does not affect any benefit payable under section 19, 19AA or 19AB.