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Amendment of the Police Pension Scheme (Scotland) Regulations 2015

12.  In regulation 41 (actuarial reduction on early payment of pension)—

(a)after paragraph (3), insert—

(3A) In a case where an active member or a deferred member has after 21st December 2017 transferred under regulation 186 (transfers in) the member’s accrued rights to benefits under another police pension scheme, the early payment reduction is calculated—

(a)by applying, in relation to those accrued rights, the early payment reduction which would have applied if the member had remained in the other police pension scheme; and

(b)in accordance with paragraph (3), in relation to the member’s remaining rights to benefits.; and

(b)in paragraph (4), after “early payment reduction”, insert “, other than in paragraph (3A)(a),”.