Regulation 107 Amendment of Teachers' Superannuation (Additional Voluntary Contributions) (Scotland) Regulations 1995

For regulation 5(4) (allocation of lump sum death benefit to provide dependants' pensions) substitute–

“(4)

A person who has continued to pay regular contributions up to his normal pension age but does not then cease to be in pensionable employment may elect to pay regular contributions up to his first birthday after he reached the normal pension age to provide for a lump sum death benefit; and so long as he has not ceased to be in pensionable employment further elections may be made annually in respect of years commencing on his first birthday after he reached the normal pension age and subsequent birthdays.”.