Regulation 16 Deferred choice election: deemed section 10 electionI1
Scotland
Where—
(a)
the end of the section 10 election period in relation to M has passed,
(b)
no F1deferred choice decision has been made, and
(c)
it appears to the scheme manager, having consulted the scheme actuary, that the value of reformed scheme benefits payable if a deferred choice election is made is greater than the value legacy scheme benefits payable if a deferred choice election is not made,
a deferred choice election is treated as having been made immediately before the end of the section 10 election period.
Annotations
Textual amendments
- F1
Words in reg. 16(b) 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), 5