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Regulation 25 Opting out after one monthI1

United Kingdom

(1)

This regulation applies if a person (P) opts out of this scheme in relation to a continuous period of service in scheme employment—

(a)

one month or more after P’s first day of a continuous period of service in scheme employment; or

(b)

one month or more after P’s automatic re-enrolment date.

(2)

If P exercises the option under paragraph (1)(a) or (b), F1unless paragraph (3) applies P ceases to be in pensionable service under this scheme in relation to that continuous period of service in scheme employment—

(a)

on the first day of the first pay period beginning on or after the date on which the option is exercised; or

(b)

if the scheme manager considers that day inappropriate, on the first day of any later pay period the scheme manager considers appropriate.

F2(3)

If P opts to join a partnership pension account, P ceases to be in pensionable service under this scheme in relation to that employment on the last day of the first pay period—

(a)

after the period of two months beginning on the date on which the option is exercised; or

(b)

after any shorter period the scheme manager considers appropriate.

Annotations

Textual amendments

F1

Words in reg. 25(2) inserted (1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 16(3)

F2

Reg. 25(3) substituted (with effect from 1.4.2018) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations 2018 (S.I. 2018/537), regs. 1(2)(a), 8

Commencement

I1

Reg. 25 in force at 1.4.2015, see reg. 1(3)