Added pension election exercisable by memberN.I.
5.—(1) An active member of this scheme may elect to make added pension payments to this scheme to increase the member's retirement benefits and death benefits.
(2) A member may make the added pension election by notice to the scheme manager in such form as the scheme manager may require.
(3) The notice given in sub-paragraph (2) is referred to in this Schedule as the notice of election.
(4) The notice of election must state—
(a)whether added pension payments are to be made by—
(i)periodical payments, or
(ii)a lump sum payment;
(b)whether the member has an added pension account with another employer; and
(c)whether the member is making an added pension election in connection with another scheme employment.
(5) An election to pay added pension payments by a lump sum payment may only be made if the member gives notice to the scheme manager not later than 12 months after the date on which the person last became employed by that scheme employer as a firefighter.
(6) An election to pay added pension payments by periodical payments may only be made at least two years before the member's normal pension age and cannot be made once the scheme manager has agreed that the member will leave the scheme with entitlement to a pension or an ill-health award.
Modifications etc. (not altering text)