SCHEDULE 1Scottish Parliamentary Pension Scheme
Part BFund trustees
Remuneration, allowances and expenses
9
1
A Fund trustee may be remunerated, or receive allowances, from the Pension Fund for acting as a Fund trustee only if the following conditions are met—
Condition 1 | The Fund trustee is not a scheme member (or a pension credit member). |
Condition 2 | The other Fund trustees (if any), before appointment, recommend to the SPCB that the Fund trustee be remunerated or entitled to allowances. |
Condition 3 | The SPCB's nomination to the Scottish Parliament specifies that remuneration or allowances are to be paid. |
2
Expenses properly incurred by the Fund trustees in connection with the performance of their functions are to be paid from the Pension Fund.