Regulation 4 Election to pay additional voluntary contributions
(1)
A person in pensionable employment may at any time elect to pay periodical contributions under these Regulations—
(a)
for investment under regulation 9, or
(b)
to provide for a lump sum death benefit.
(2)
The notice of such an election shall specify—
(a)
whether the election relates to paragraph (1)(a) or (b), or both;
(b)
the amount of each periodical contribution or, if expressed as a percentage of salary, that percentage;
(c)
in relation to periodical contributions for the purpose of investment under regulation 9, the fund or funds in which the contributions are to be invested; and
(d)
subject to regulation 7(5), in relation to the provision of a lump sum death benefit, the amount to be secured which must not be less than £5,000.