Regulation 34 Amendment of regulation 37A

(1)

Regulation 37A (variations to lump sums for 1995 and 2008 pensioners joining new scheme (pensioners who have taken a partial retirement pension))^f1 is amended as follows.

(2)

In paragraph (2)—

(a)

in sub-paragraph (a), after “if the member”, insert “is not a non-pensionable old scheme member and”, and at the end of the paragraph, omit “and”;

(b)

after sub-paragraph (a), insert—

“(aa)

paragraph (3A) if the member is a non-pensionable old scheme member and has taken an old scheme partial retirement pension but has not taken a new scheme partial retirement pension;”.

(3)

After paragraph (3), insert—

“(3A)

Where paragraph (2)(aa) applies, the lump sum is an amount equal to the appropriate fraction of either—

(a)

the lump sum on death found in column 2 of Part 1 of Table 2 (non-pensionable old scheme member entitlements) in regulation 40(1A)(death in service)^f2 if the member is a non-pensionable 1995 Section member; or

(b)

the lump sum on death found in column 2 of Part 2 of that Table if the member is a non-pensionable 2008 Section member.”.

Annotations

Footnotes

f1: Regulation 37A was inserted by S.I. 2023/952.
f2: Paragraph (1A) was inserted by S.I. 2023/952.