SCHEDULE 2Scheme flexibilities

PART 2Additional pension election

CHAPTER 3Additional pension contributions paid by lump sum

Refund of lump sum contribution

13.

(1)

This paragraph applies if a member (P) has paid a lump sum contribution for additional pension.

(2)

The lump sum contribution must be refunded if, before the end of the refund period—

(a)

P dies;

(b)

an ill-health pension becomes payable to P; or

(c)

P leaves all pensionable service and P is neither qualified nor re-qualified for retirement benefits in respect of that service.