# The Armed Forces Pension Regulations 2014, Paragraph 4: Extinguishing rights to added pension


(1) This paragraph applies in relation to a remediable added pension payment made by a remedy member (“M”).
(2) The scheme manager must, as soon as reasonably practicable after 1st October 2023, and having regard to the advice of the scheme actuary, determine the “compensatable amount”, being an amount by way of compensation which is equal to—
(a) the aggregate of all of M’s remediable added pension payments, less
(b) an amount in respect of the value of tax relief in accordance with directions 5(5) to (9) of the PSP Directions 2022.
(3) The scheme manager owes the compensatable amount to M or, where M is deceased, to M’s personal representatives.
(4) The rights to benefits under the scheme that would otherwise have been secured by the remediable added pension payment are extinguished.
(5) Where a person has received any pension benefits under this scheme by virtue of rights secured by a remediable added pension payment, that person owes to the scheme manager an amount equal to the aggregate of all such pension benefits.
(6) Where a determination is made in accordance with direction 5(8) of the PSP Directions 2022, the following apply—
(a) direction 5(10) (provision of explanation);
(b) directions 5(11) and (12) (appeals).
(7) In this regulation, “remediable added pension payment” means a periodical payment or lump sum payment for added pension made under an arrangement pursuant to Chapter 1 of Part 7 of this scheme (contributions to purchase added pension) which commenced during the period of M’s remediable service.

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Source: https://www.legislation.gov.uk/uksi/2014/2336/schedule/paragraph/4 (the official version)
Page: https://openlegislation.uk/armed-forces-pension-regulations-2014/schedule/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.