SCHEDULE 2Transitional provisions
PART 7Transitional provisions relating to an existing scheme
Repayment of contributions under the existing scheme21
If a transition member with continuity of service (T) opts out of this scheme and T has less than 2 years’ qualifying service—
a
T must be repaid members’ contributions under an existing scheme; and
b
any periodical payments for added pension or added years under an existing scheme cease to be payable.