- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made).
12.—(1) This paragraph applies to a member (P)—
(a)in respect of whom an additional pension election is accepted; and
(b)whose notice of election states that contributions are to be paid by lump sum.
(2) P’s additional pension account is to be credited with an amount equal to the annual rate of additional (self only) pension stated in the notice of election (“the amount of additional pension”) if the lump sum contribution is paid within one month after the additional pension election is accepted.
(3) P’s additional pension account is not to be credited with the amount of additional pension unless the lump sum contribution is paid within that time.
13.—(1) This paragraph applies if a member (P) has paid a lump sum contribution for additional pension.
(2) The lump sum contribution must be refunded if, before the end of the refund period—
(a)P dies;
(b)an ill-health pension becomes payable to P; or
(c)P leaves all pensionable service and P is neither qualified nor re-qualified for retirement benefits in respect of that service.
The Whole Rule you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Rule you have selected contains over 200 provisions and might take some time to download.
Would you like to continue?
The Whole Rule you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
The Whole Rule without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.
Would you like to continue?
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made): The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: