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The Police Pensions (Purchase of Increased Benefits) Regulations 1987
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- UK Statutory Instruments
- 1987 No. 2215
- PART II
- Regulation 4
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4.—(1) An eligible policeman who is serving as a regular policeman may, within 12 months of—
(a)the date on which he last became a regular policeman, or
(b)1st February 1988,
whichever is the later, elect under regulation 3 to make payment by a lump sum calculated in accordance with paragraph 1 or 3, as the case may require, of Part I of the Schedule.
(2) An eligible policeman who has ceased to serve as a regular policeman, but who was so serving on 1st February 1988, may within 12 months of 1st February 1988 elect under regulation 3 to make payment by a lump sum calculated in accordance with the said paragraph 1 or 3.
(3) A lump sum payment under this regulation shall be made within 3 months of the date of election and, if it is not so made, the election shall be deemed for the purposes of these Regulations never to have been made.
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