Paragraph 35 Pensionable service under the PCSPSI1
United Kingdom
This paragraph applies in relation to a transition member with continuity of service (T) who is in pensionable service under this scheme.
The following provisions of the PCSPS continue to apply after the closing date as if T continued in pensionable service under that scheme—
the provisions relating to payment of contributions for added pension and added years; and
if T is a member of Section III of the PCSPS, the provisions in that Section relating to the indexation of pension accounts for an active member.
In determining whether T qualifies under the PCSPS for retirement benefits (other than an ill-health pension), T’s pensionable service under that scheme terminates when T’s pensionable service under this scheme terminates.
in determining T’s final salary for any purposes of the PCSPS under Schedule 7 (final salary link) to the Act, pensionable earnings derived from service under this scheme are to be regarded as derived from service under the PCSPS.
Annotations
Commencement
- I1
Sch. 2 para. 35 in force at 15.8.2014, see reg. 1(2)