Regulation 16 Deferred choice election: deemed electionI1
Scotland
Where—
(a)
the end of the section 10 election period in relation to M has passed,
(b)
no deferred choice F1... decision has been made, and
(c)
it appears to the scheme manager, having consulted the scheme actuary, that the value of reformed scheme benefits payable if a deferred choice election is made is greater than the value legacy scheme benefits payable if a deferred choice election is not made,
a deferred choice election is treated as having been made immediately before the end of the section 10 election period.
Annotations
Textual amendments
- F1
Word in reg. 16(b) omitted (23.6.2025 with effect from 1.10.2023) by virtue of The Firefighters’ Pensions (Remediable Service) (Scotland) Amendment Regulations 2025 (S.S.I. 2025/113), regs. 1(2), 2(8)