Regulation 25 Amendment of regulation 84
(1)
Regulation 84 (election for partial retirement (members over normal minimum pension age)) is amended as follows.
(2)
In paragraph (2)(a), after “reduced”, insert “(disregarding any reduction in pensionable earnings resulting from the member entering into a salary sacrifice arrangement)”.
(3)
In paragraph (5)(a)(ii), for “lifetime allowance”, substitute “lump sum and death benefit allowance”.