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.