SCHEDULE 4Transitional provisions

PART 10Pensionable service after the scheme closing date

Active member of an existing scheme on the scheme closing date53

1

This paragraph applies in relation to a person (P) who—

a

on the scheme closing date and on 31st March 2012, was an active member of an existing scheme (“the existing scheme”) other than the 1987 scheme, the 2006 scheme or the existing England and Wales scheme;

b

ceases to be in pensionable service under the existing scheme; and

c

unless P dies, P would reach 55 on or before 1st April 2022.

2

P joins the 2006 scheme if—

a

P re-enters pensionable service not more than 5 years after ceasing to be in pensionable service under the existing scheme; and

b

P would have been a full protection member or tapered protection member of the existing scheme had P re-entered pensionable service under that scheme.

3

P is taken to be a full protection member or tapered protection member of the 2006 scheme.

4

P’s protection period—

a

begins on the day P joins the 2006 scheme; and

b

ends when P ceases to be a full protection member or tapered protection member of the 2006 scheme.