SCHEDULE C4ADDITIONAL VOLUNTARY CONTRIBUTIONS

Making and variation of elections

1

1

An election by a member to pay contributions under regulation C24 shall specify—

a

the amount of the additional contributions which he wishes to pay (expressed either as a percentage of his remuneration or as a sum payable at the times mentioned in paragraph 4); and

b

the proportion (if any) of the contributions which he wishes to be used to provide benefits payable in the event of death.

2

A member who has made an election under regulation C24 may at any time elect—

a

to vary the amount of his contributions or the proportion of them that he is to continue to pay which are to be used to provide benefits payable on death; or

b

to discontinue those contributions.

3

An election by a member under regulation C24 or this paragraph shall be made by notice given in writing to the member’s employing authority.