SCHEDULE 2Scheme flexibilities
PART 2Additional pension election
CHAPTER 5Revocation and refund
Member leaves all pensionable service before qualifying for retirement benefits
21.
(1)
This paragraph applies if a member (P) leaves all pensionable service under this scheme before P is qualified for retirement benefits in respect of that service.
(2)
On an application by P for a repayment of the balance of contributions—
(a)
any monthly payments made before the last day of pensionable service must be refunded to P; and
(b)
the additional pension account must be closed.