Paragraph 15 Payment of contributions
(1)
P must—
(a)
make the first monthly payment on or before the start date; and
(b)
continue to make the monthly payments until the date on which the final monthly payment is due.
(2)
The contributions payment period must end before P reaches normal pension age.
(3)
If the scheme manager re-determines the amount of the monthly payment during the contributions payment period, P must pay the re-determined amount from the beginning of the next financial year.
(4)
P is taken to revoke an additional pension election if—
(a)
a monthly payment is missed; and
(b)
the payment is not made within 3 months after P receives a written demand from the scheme manager.