Interpretation
1. In this Schedule—
“added pension option” means the option to make payments for added pension;
“amount of accrued added pension” means the total of—
the amount of accrued added (self only) pension (if any); and
the amount of accrued added (all beneficiaries) pension (if any);
“appropriate pay period” means the pay period that the scheme manager considers appropriate;
“overall limit of added pension” has the meaning given in paragraph 2;
“periodical payment period” means the period for which periodical payments for added pension are payable;
“period of service”, in relation to this scheme, means a continuous period of pensionable service under this scheme;
“the relevant day”, in relation to a lump sum payment for added pension, means—
if the scheme manager provides a statement of the amount of added pension, the first day after the period of one month beginning with the date of the statement; or
otherwise, the day on which the lump sum payment is received by the scheme manager;
“the relevant scheme year” means the scheme year in which the relevant day falls; and
“statement of the amount of added pension” means the statement referred to in paragraph 15.