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SCHEDULES

SCHEDULE 2EPast service scheme: pensions and lump sum payments

PART 1 ERetirement at or above retiring age

Part-time service after 1 January 1987E

4(1)This paragraph applies where the member's qualifying period of pensionable service to which the past service scheme applies consists of or includes part-time service performed after 1 January 1987.E

(2)In a case where the pension for that part-time service became payable before the commencement of this Schedule, the rate of pension continues to be the rate which the Board had determined under paragraph 4 of Schedule 1 to the Church of England Pensions Regulations 1998.

(3)In a case where the pension for that part-time service becomes payable after the commencement of this Schedule, the rate of pension is calculated by multiplying the rate which would have been payable if the service had been whole-time service by such proportion as the Board determines.

(4)When making a determination under sub-paragraph (3), the Board must act in accordance with the general directions of the Church Commissioners.

(5)The amount of the lump sum payment is the amount which bears the same proportion to three times the full basic pension as the pension to which the member is entitled on retirement for the part-time service bears to that to which the member would have been entitled if he or she had retired on reaching the retiring age with a qualifying period of service of 37 years of whole-time service.

(6)The qualifying period of pensionable service in a case where the pension for the part-time service becomes payable after the commencement of this Schedule does not include a year, or part of a year, in which the amount received by the member in respect of stipendiary ecclesiastical service is less than such amount as the Board determines with the agreement of the Church Commissioners.

Commencement Information

I1Sch. 2 para. 4 in force at 1.3.2019 by S.I. 2019/98, art. 2