Regulation 3.D.5 Partial retirement (members aged at least 55)F1

the member has reached the age of 55 and continues to be employed in the employment in which the member is an active member F3of the 2015 Scheme, or where the member has more than one such employment, in at least one of those employments;

the member would be entitled to a pension for life, by virtue of regulation 3.D.1(1)(b)(i) and not regulation 3.D.1(1)(b)(ii), if the member had—

the terms on which the member engages in the employment or employments referred to in (a) change, and

as a result of that change, the member’s engagement in such employment reduces to 90% or less of its pre-change level.

appropriate supporting evidence, and

a statement in writing approved by the host F4... Board that the conditions in paragraph (1)(c) and (d) are met.

the percentage of the member’s pension (excluding any additional pension) in respect of which the member claims immediate payment (“the specified percentage”), and

whether the member claims immediate payment of additional pension (if any).

in the case of a member who has reached the age of 65, to immediate payment of the specified percentage of the pension to which the member would be entitled under regulation 3.D.1 if the member had ceased to be employed in all his employments on the option day (disregarding any additional pension, but subject to any increase under regulation 3.D.3),

in the case of a member who has not reached the age of 65, to immediate payment of the specified percentage of the pension to which the member would be entitled under regulation 3.D.4 if the member had ceased to be employed in all his employments on the option day (disregarding any additional pension), and

if the option specifies that the member claims immediate payment of additional pension, the additional pension, subject—

the pension to which the member becomes entitled as a result of the option (before the exercise of the option under regulation 3.D.10 and disregarding any additional pension)—

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

any benefits to be paid after the exercise of the first option (but before the exercise of the second option);

any benefits to be paid after the exercise of any second option, and

the final payment.

paragraph (1) and regulation 3.D.6, “pre-change level” means the level of the member’s engagement in the employment referred to in paragraph (1)(a) during the period of 12 months ending with the option day;

in this regulation—

is a pensioner member as respects the specified percentage of pension to which the member is immediately entitled as a result of exercising the option and the percentage of the pensionable service that represents, as respects which the member is an active member on the option day,

if the member continues in pensionable service after the option day, is an active member F8or a non-contributing member as respects—

if the member does not continue in pensionable service after the option day, is a deferred member as respects the unspecified service.