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Regulation 58 Making an additional pension election

England and Wales

(1)

An additional pension election by a member (M) must be made by written notice to the scheme manager stating whether additional pension contributions are to be paid—

(a)

as a lump sum; or

(b)

by periodic payments.

(2)

An additional pension election by M's employing authority must be made by written notice to the scheme manager.

(3)

A notice under this regulation must be accompanied by a declaration by M that M is in good health.

(4)

An additional pension election must not be made at any time when M is absent from work for any reason.

F1(5)

For the purposes of this Chapter—

(a)

a member is treated as having made an additional pension election on the date on which the employing authority receives the member’s notice under paragraph (1); and

(b)

an employing authority is treated as having made an additional pension election on the date on which the scheme manager receives the authority’s notice under paragraph (2).

Annotations

Textual amendments

F1

Reg. 58(5) inserted (with effect in accordance with reg. 1(2)(a) of the amending S.I.) by The National Health Service Pension Scheme and Additional Voluntary Contributions (Amendment) Regulations 2017 (S.I. 2017/275), regs. 2(c), 33