Regulation 10 Immediate choice decision: deemed section 6 electionI1
Scotland
Where—
(a)
the end of the section 6 election period in relation to M has passed,
(b)
no immediate choice decision has been communicated to the scheme manager, and
(c)
it appears to the scheme manager, having consulted the scheme actuary, that the value of reformed scheme benefits payable if F1a section 6 election is made is greater than the value of legacy scheme benefits payable if an immediate choice election is not made,
a section 6 election is treated as having been made immediately before the end of the section 6 election period.
Annotations
Textual amendments
- F1
Words in reg. 10(c) substituted (with effect from 1.10.2023) by virtue of The Police Pensions (Remediable Service) (Scotland) Amendment Regulations 2025 (S.S.I. 2025/114), regs. 1(2), 3