Regulation 47 Amendment of regulation Q4I1
England and Wales
(1)
Regulation Q4 (paying for additional service by single payment) is amended as follows.
(2)
For paragraph (1) substitute—
“(1)A member who wishes to buy additional service for all or part of the member’s previous pensionable service in accordance with regulation Q1(9) by a single payment must elect to do so within 12 months of re-joining the scheme following the break in pensionable employment described in that regulation.”.
(3)
Omit paragraph (2).
(4)
For paragraph (3) substitute—
“(3)The amount of a single payment for additional service will be one-half of the cost calculated in accordance with Table 1 of Schedule 1.”.
(5)
Omit paragraph (7).
Annotations
Commencement
- I1
Reg. 47 in force at 1.4.2008, see reg. 1(2)