Regulation 10 Immediate choice decision: deemed section 6 electionI1
Scotland
Where—
the end of the section 6 election period in relation to M has passed,
no immediate choice decision has been communicated to the scheme manager, and
it appears to the scheme manager, having consulted the scheme actuary, that the value of reformed scheme benefits payable if F1a section 6 election is made is greater than the value of legacy scheme benefits payable if a section 6 election is not made,
a section 6 election is treated as having been made immediately before the end of the section 6 election period.
Annotations
Textual amendments
- F1
Words in reg. 10 substituted (23.6.2025 with effect from 1.10.2023) by The Firefighters’ Pensions (Remediable Service) (Scotland) Amendment Regulations 2025 (S.S.I. 2025/113), regs. 1(2), 2(4)