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Except as provided below the Rules of the 1994 Pensioners “B” Section are identical to the rules governing the 1994 Pensioners “A” Section.
1. “Section” means the 1994 Pensioners “B” Section.
2. Members are persons who between 1st April and 30th September 1994 became entitled to benefits in payment or on deferment under the BR Pension Scheme and their beneficiaries.
17. The Trustee shall, at the direction of the Secretary of State, transfer all the liabilities of the Section and all Section Assets to the 1994 Pensioners “A” Section, so that as from the date of transfer Members shall receive benefits from the 1994 Pensioners “A” Section of the same amount as their benefits under the Section and the Section shall for all purposes be deemed to have been wound up.
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