Paragraph 1 InterpretationI1

In this Schedule—

• “closing date”, in relation to a transition member, means—

  1. (a)

     for a member who is not a protected member, the scheme closing date; or

  2. (b)

     for a tapered protection member, the closing date for that member; F1or

  3. (c)

     if P is a full protection member of the existing scheme, 31st March 2022;

• “exception” means an exception to section 18(1) of the Act;

• “existing scheme rules” means the provisions of the existing scheme, an existing club scheme or an existing public service scheme;

• F2“final salary benefits” means the benefits accrued in a final salary scheme in respect of which the pension entitlement payable to or in respect of a person’s pensionable service is or may be determined by reference to the person’s final salary;

• “full protection member”, in relation to the existing scheme, has the meaning given in Part 2;

• “protected member” means a full protection member or tapered protection member;

• “protection period”—

  1. (a)

     for a full protection member, has the meaning given in Part 2;

  2. (b)

     for a tapered protection member, has the meaning given in Part 3;

• “public service scheme” means a scheme under section 1 of the Act;

• “scheme closing date”, in relation to the existing scheme, means 31st March 2015;

• “tapered protection member”, in relation to the existing scheme, has the meaning given in Part 3;

• “tapered protection closing date” has the meaning given in paragraph 5;

• “transition date” means—

  1. (a)

     for a tapered protection member of F3the existing scheme, the day after the tapered protection closing date;

  2. (aa)

     F4for a full protection member of the existing scheme, other than a full protection member to whom a retirement pension has become payable under the existing scheme, 1st April 2022;

  3. (c)

     for a transition member by virtue of the application of paragraph 13 who is not a protected member of the existing scheme, the day after the scheme closing date.