Paragraph 8
In regulation E3—
in paragraph (1)—
for the words “one eightieth” substitute “one sixtieth”, and
after the word “service” insert “; and in the case of a man who has not during any part of any period which he is entitled to reckon as reckonable service had a wife or an eligible child, there shall be added to that amount such further amount as the fund's actuary may specify as being appropriate on the assumption that one sixth of his contributions is attributable to provision for benefits under regulations E5 and E8”;
for paragraph (3) substitute:
“(3)A person entitled to receive payment of a retirement pension may commute it for a lump sum as if, and to the same extent as if, it had been a pension to which he was entitled under the Boards' scheme and in rule 29 of that scheme (commutation of pension benefits)—
(a)references to the Managing Trustees were references to the appropriate administering authority, and
(b)references to the Actuary were references to the fund's actuary.”;
delete paragraphs (4), (5) and (6);
for paragraph (7) substitute:
“(7)Where a pensionable employee becomes entitled to a retirement pension by virtue of regulation E2(1)(b)(i), it shall be calculated, and be liable to suspension or reduction, as if it had been a pension to which he had become entitled under rule 28 (disability pension) of the Boards' scheme and—
(a)references in that rule to accrued pensionable service were references to his reckonable service, and
(b)in rule 66(4) (conditions)—
(i)references to the Managing Trustees were references to the appropriate administering authority, and
(ii)the reference to the Actuary were a reference to the fund's actuary.”.