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Paragraph 21 Repayment of contributions under the existing scheme

Original text. Later amendments are not shown.

If a transition member with continuity of service (T) opts out of this scheme and T has less than 2 years’ qualifying service—

(a)

T must be repaid members’ contributions under an existing scheme; and

(b)

any periodical payments for added pension or added years under an existing scheme cease to be payable.