The Church of England Pensions Regulations 1988

Pensionable service performed after return of payment

13.  Where a clerk who has received a payment under regulation 12(2) above subsequently performs pensionable service, he shall not be entitled to receive on retirement a pension in respect of the service in relation to which that payment was made, except that—

(a) he shall have the right on repaying to the Commissioners the amount paid to him together with—

(i) an amount equal to any deduction made under regulation 12(4) in respect of arrears or under regulation 12(7) in respect of income tax, and

(ii) compound interest thereon at the rate of two and one half per cent per annum with annual rests calculated from the date of payment to him,

to be reinstated in the possession of all the rights to which he would have been entitled if no payment had been made under regulation 12(2); and

(b) if he does not avail himself of that right, the Board shall have power, at their discretion, to reinstate the clerk wholly or partly in the possession of those rights upon such terms and conditions as the Board think fit.