Regulation 61 Active member's account to remain open during periods of unpaid leave

(1)

This regulation applies to the following periods of unpaid leave—

(a)

a career break; or

(b)

any other period of unpaid leave—

(i)

that does not exceed 5 years; and

(ii)

during which the employment relationship continues M1.

(2)

During a period of unpaid leave mentioned in paragraph (1)(a) or (b), the scheme manager must make entries in the active member's account as if, during that period, the member—

(a)

was in pensionable service under this scheme; but

(b)

received no pensionable earnings.

(3)

The active member's account must be closed and a deferred member's account opened if a period of unpaid leave other than a career break exceeds 5 years.

Annotations

Marginal citations

M1: See regulation 22 for periods of unpaid leave during which the employment relationship continues.