Article 3 Benefits which may be provided

in paragraph (3), at the beginning, for the words “Permitted retirement benefits are” there shall be substituted “Benefits which may be chosen by the contributor at or after retirement are”.

in paragraphs (3)(b)(i) and (3)(b)(ii), for “after retirement” there shall be substituted “after the pension commences”; and

after paragraph (4), there shall be inserted—

“(5)

A pension payable at or after the contributor’s retirement shall come into payment—

(a)

not later than whichever is the later of—

(i)

the date of the contributor’s 75th birthday; and

(ii)

the date on which the contributor’s pension under the principal scheme commences; and

(b)

not earlier than the date on which the contributor’s pension under the principal scheme commences.”