Retirement pension and retirement lump sum
This section has no associated Executive Note
1. PART E of these Regulations is subject to the following modifications—
(a)where the shareable rights of a pension debit member are subject to a pension sharing order, the amount of the retirement pension or retirement lump sum payable to a pension debit member is reduced in accordance with regulation W5 (pension debits and reduction of benefit); and
(b)the amount of the reduction will be calculated in accordance with guidance issued for this purpose by the scheme actuary.