Paragraph 5 Insertion of new regulation B12

After regulation B11 the following regulation shall be inserted–

“Pension debit members

B12

Where a pension debit member is entitled to an award under regulation B1, B2, B3 or B5–

(a)

the award is calculated by reference to the member’s rights under this Scheme as reduced by virtue of section 31 of the 1999 Act and in accordance with such tables and other guidance as are provided for the purpose by the Government Actuary; and

(b)

regulations B7 to B10 have effect accordingly.”.