“Standard retirement pension” and “standard retirement grant”
3. In regulation D2—
(a)in paragraph (1) for “Subject to paragraphs (2) and (3),”, substitute “Subject to paragraphs (2), (3) and (4),”; and
(b)after paragraph (3), add—
“(4) In the case of a pension debit member the “standard retirement pension” and, if not already paid, the “standard retirement grant” shall be reduced in accordance with guidance issued by the Government Actuary to take into account the debit to which the shareable rights of the pension debit member are subject under a pension sharing order.”.