Regulation 26 Application and interpretation of Section 3I1

This Section applies where, on or after 1 October 2023, the scheme manager provides information for the purpose of determining amounts under section 29 of WRPA 1999 in respect of a remedy member’s remediable service.

In this Section—

• “2015 scheme cash equivalent” (“cyfwerth ariannol cynllun 2015”) has the meaning given in regulation 27(2)(b);

• “alternative reduction amount” (“swm lleihau amgen”) has the meaning given in regulation 28(3);

• “appropriate amount” (“swm priodol”) means the amount calculated for the purpose of section 29(1) of WRPA 1999;

• “immediate choice pensioner member” (“aelod-bensiynwr dewis ar unwaith”) means an immediate choice member who is, immediately before these Regulations come into force, a pensioner member in relation to their remediable service;

• “legacy scheme cash equivalent” (“cyfwerth ariannol cynllun gwaddol”) has the meaning given in regulation 27(2)(a).