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SCHEDULE 2E+WScheme flexibilities

PART 2 E+WAdditional pension election

CHAPTER 5E+WRevocation and refund

Member leaves all pensionable service before qualifying for retirement benefitsE+W

21.—(1) This paragraph applies if a member (P) leaves all pensionable service under this scheme before P is qualified for retirement benefits in respect of that service.

(2) On an application by P for a repayment of the balance of contributions—

(a)any monthly payments made before the last day of pensionable service must be refunded to P; and

(b)the additional pension account must be closed.