# Teachers' Superannuation (Additional Voluntary Contributions) Regulations (Northern Ireland) 1996, Regulation 4: Election to pay regular and lump sum contributions


(1) A person employed in reckonable service may at any time elect to pay—
(a) regular contributions for investment under regulation 9(1);
(b) a lump sum contribution for investment under regulation 9(1); or
(c) regular contributions to secure the payment of a lump sum death benefit under these Regulations.
(2) An election under paragraph (1) shall specify—
(a) in the case of an election under sub-paragraph (a) or (c), the amount of each regular contribution or, if expressed as a percentage of salary, that percentage.
(b) in the case of an election under sub-paragraph (b) the amount of the contribution;
(c) in the case of an election under sub-paragraph (a) or (b) the fund or funds in which contributions are to be invested; and
(d) in the case of an election under paragraph (1)(c) the amount to be secured which must not be less than £5,000.

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Source: https://www.legislation.gov.uk/nisr/1996/260/regulation/4 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-northern-ireland-1996/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.