Early payment of pensions with actuarial reduction7
1
Rule D.4 of the Scheme (early payment of pensions with actuarial reduction) is amended as follows.
2
In paragraph (1)—
a
for “D.2 or D.3”, in the first place where it occurs, substitute “or D2”,
b
for “D.2 or D.3”, in the second place where it occurs, substitute “D2”,
c
omit “or (3)”, and
d
for the second sentence substitute—
In this paragraph “the relevant age” means 55.
3
Omit paragraph (3).
4
In paragraph (4) omit “or, as the case may be, rule D.3(4)”.