Paragraph 3

(1)

Subject to paragraph 5, where—

(a)

a woman has a period of membership of which notice has been given under paragraph 1(1) of Schedule F1 and which is or is treated for the purposes of this paragraph as being—

(i)

a period of membership before 1st April 1972, or

(ii)

a period of membership after 31st March 1972 but before 6th April 1988; and

(b)

either—

(i)

she is a married woman and a widower’s pension may become payable under Part F in respect of that service, or

(ii)

she is a widow or a woman whose marriage has been dissolved and the death or, as the case may be, the dissolution occurred after 5th April 1988,

the standard retirement grant (as increased in accordance with Part I of this Schedule, if appropriate) is reduced—

(I)

by three one hundred and sixtieths of the pensionable remuneration, multiplied by the length in years of any such membership as is mentioned in paragraph (a)(i), and

(II)

by one one hundred and sixtieth of the pensionable remuneration, multiplied by the length in years of any such membership as is mentioned in paragraph (a)(ii).

(2)

For the purposes of this paragraph—

(a)

a period of membership which a person is entitled to count under regulation K14 shall be treated as being a period of membership after 31st March 1972 but before 6th April 1988 if—

(i)

the relevant transfer value was accepted before 6th April 1988, or

(ii)

paragraph 17(1)(b) of Schedule M4 (transitional provisions in relation to Interchange Regulations), applies to the relevant transfer value; and

(b)

a period of membership falling within sub-paragraph (3)—

(i)

to the extent that when aggregated with a period of actual membership after 31st March 1972 but before 6th April 1988 it does not exceed 16 years and 5 days, shall be treated as a period of membership after 31st March 1972 but before 6th April 1988; and

(ii)

otherwise shall be treated as a period of membership before 1st April 1972.

(3)

A period of membership falls within this sub-paragraph if—

(a)

it may be counted under regulation C9 or by virtue of regulation D4, D5 or D9 of the 1986 regulations and the necessary payment was made or commenced before 6th April 1988, and

(b)

it may be counted by virtue of a resolution passed under regulation D7 of the 1986 regulations before that date; or

(c)

it is treated as a period of membership before that date by virtue of paragraph 6(4) of Schedule C6 or regulation D13(3) of the 1986 regulations (as continued in effect by virtue of Schedule M4).