Regulation 31 Amendment of regulation 128K

(1)

In the heading of regulation 128K (cost of added units of benefit for unretired FPJABS members), for “Cost of” substitute “Annual contribution rate for”.

(2)

In regulation 128K(1)—

(a)

for “cost of” substitute “annual contribution rate for”;

(b)

in the definition of “A”, for “the first table in Schedule 3 to the 1995 Regulations” substitute “Schedule 4”; and

(c)

after the definition of “B”, for the words from “PRS is to be determined as if—” to the end, substitute “WS is to be determined as if references to the member’s retirement were instead references to the assumed contributions commencement date.”.