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THE SCHEDULEPENSION TRUST OF THE RAILWAYS PENSION SCHEME

Participating Employer establishing more than one Section

3F  A Participating Employer may elect to establish one or more Sections which adopt the rules of any of the Arrangements and may choose differently as described in (a) to (f) of Clause 3D (Defined Benefit Arrangement) in respect of each of those Sections.

The Participating Employer’s choice under (a) of Clause 3D may not differentiate between Employees who become Members except on the grounds of the nature of their employment or in other circumstances consistent with the Contracting–out Laws.