# The Judicial Pensions Regulations 2015, Paragraph 7: Added pension option exercisable by member


(1) An active member of this scheme may opt to make added pension payments to increase—
(a) the member’s retirement benefits for a period of service; or
(b) both the member’s retirement benefits and death benefits payable in respect of the member for a period of service.
(2) A member may exercise the added pension option by notice to the scheme manager in a form required by the scheme manager.
(3) The option notice must state whether the added pension payments are to be made by—
(a) periodical payments; or
(b) a lump sum payment.
(4) A member may exercise the added pension option more than once but an option to make a lump sum payment for added pension may only be exercised once in any scheme year.
(5) An option to make a lump sum payment for added pension may only be exercised if the member—
(a) has been an active member of this scheme in relation to a continuous period of pensionable service for at least 12 months; and
(b) has been provided with a statement of the amount of added pension (if paragraph 18 applies).

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Source: https://www.legislation.gov.uk/ukdsi/2015/9780111124895/schedule/1/paragraph/7 (the official version)
Page: https://openlegislation.uk/draft-judicial-pensions-regulations-2015/schedule-1/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.