Paragraph 18 Revoking an additional pension electionI1

Scotland

(1)

P may revoke an additional pension election at any time before the end of the contributions payment period.

(2)

P is taken to revoke an additional pension election if—

(a)

P leaves all pensionable service before the end of the contributions payment period; and

(b)

P is qualified or re-qualified for retirement benefits in respect of that service.

(3)

On the date of revocation—

(a)

monthly payments for additional pension under that election cease to be payable; and

(b)

the amount of accrued additional pension as at that date is an amount determined by the scheme manager.

(4)

A revocation must be by written notice to the scheme manager.

(5)

A revocation has effect from the date it is received by the scheme manager (“date of revocation”).

Annotations