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SCHEDULE 3Transitional provisions

PART 7Payment of benefits to transition members

CHAPTER 2Application for payment of benefits

Application for payment of phased retirement pension

35.—(1) A transition member (P) who makes a phased retirement application under this scheme may elect to receive phased retirement benefits—

(a)in respect of pensionable service under the existing scheme only;

(b)in respect of pensionable service under this scheme only; or

(c)in respect of pensionable service under both the existing scheme and this scheme .

(2) P’s application for phased retirement benefits in respect of pensionable service under both the existing scheme and this scheme may specify a different phased retirement proportion for each scheme.