Meaning of “tapered protection member” (the 1988 scheme)N.I.
This section has no associated Explanatory Memorandum
15.—(1) A person (P) to whom paragraph 17 applies is a tapered protection member of the 1988 scheme.
(2) P ceases to be a tapered protection member of the 1988 scheme on which ever of the following days occurs first—
(a)P's tapered protection closing date; or
(b)the day on which P ceases to be in pensionable service under the 1988 scheme.