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SCHEDULES

SCHEDULE 3N.I.THE 85 YEAR RULE: TRANSITIONAL PROVISIONS AND SAVINGS

2.—(1) A member's employing authority may determine on compassionate grounds to waive the reduction referred to in paragraph 1(4), 9(2) or, except where paragraph 1(1)(c) applies, paragraph 1(3)(b).N.I.

[F1(1A) A member’s employing authority may determine to waive [F2in whole or in part] the reduction referred to in paragraph 1(3)(b) where paragraph 1(1)(c) applies in relation to that paragraph.]

(2) Regulation 66 (statements of policy about the exercise of discretionary functions) of the 2014 Regulations applies to paragraph 1(1)(b)(ii) as if it were specified in paragraph (1) of that regulation.

[F3(3) Where an employing authority agrees that paragraph 1(1)(aa), 1(1)(b)(ii) or 1(1)(e) should apply to a member, or determines to waive a reduction under sub-paragraph (1), the Committee shall require the employing authority concerned, or itself, to make additional payments to the fund in respect of any extra charge on the fund, as calculated by an actuary appointed by the Committee, resulting from the agreement or waiver of the reduction.]