Paragraph 10 Exception for tapered protection members during protection periodI1

United Kingdom

(1)

The protection period for a tapered protection member of an existing scheme is the period which—

(a)

begins on the day after the scheme closing date; and

(b)

ends when P ceases to be a tapered protection member of an existing scheme.

(2)

During the protection period—

(a)

P is eligible to be in pensionable service under an existing scheme;

(b)

section 18(1) of the Act does not apply in respect of that pensionable service; and

(c)

benefits are to be provided under that scheme to or in respect of P in relation to that pensionable service.

Annotations