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SCHEDULES

SCHEDULE 2

2.—(1) A member’s Scheme employer may determine on compassionate grounds to waive the reduction referred to in paragraph 1(3)(b), 1(4) or 9(2).

(2) Regulation 60 of the 2013 Regulations (statements of policy about exercise of discretionary functions) applies to paragraph 1(1)(c) of this Schedule and to this paragraph as if they were specified in paragraph (1) of that regulation.

(3) Where a Scheme employer agrees to the payment of benefits prior to age 60 in the circumstances described in paragraph 1(1)(a) of this Schedule, or that paragraph 1(1)(c) of this Schedule should apply to a member, or determines to waive a reduction under sub-paragraph (1), an administering authority may require the Scheme employer concerned to make additional payments to the appropriate fund in respect of any extra charge on the fund, as calculated by an actuary appointed by the administering authority, resulting from the agreement or waiver of reduction.