Paragraph 9 Making an additional pension electionI1

Scotland

(1)

An additional pension election in relation to a member (P)—

(a)

must be made by written notice to the scheme manager; and

(b)

must be accompanied by a declaration by P that P is in normal health.

(2)

When the election is made, P must be—

(a)

in pensionable service; and

(b)

under normal pension age.

(3)

The notice must state whether additional pension contributions are to be paid—

(a)

as a lump sum; or

(b)

by monthly payments.

(4)

If monthly payments are to be made, the notice must—

(a)

state the number of monthly payments, which must not be more than 240; and

(b)

if P is in pensionable service in relation to more than one employment, specify which employer is to deduct the contributions.

(5)

The scheme manager may request further information to be provided.

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