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Paragraph B.5 Leaving the Scheme

United Kingdom

(1)

A person who is an active member of the Scheme may opt to cease to be such a member.

(2)

The option may only be exercised by notice in writing to the Scheme administrator in such form as the Secretary of State requires.

(3)

A member who exercises the option ceases to be an active member at the beginning of—

(a)

the first pay period beginning on or after the date on which the option is exercised, or

(b)

if the Secretary of State considers that period inappropriate, such later pay period as he considers appropriate.

Notes on Schedule 1

Modifications

C1

Schs. 1-3 modified (14.7.2026 for the tax year 2014-15 and subsequent tax years) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2026 (S.I. 2026/673), regs. 1(2), 10

Commencement

I1

Sch. 1 in force at 6.4.2005, see art. 1