1. In this Schedule—
“added pension option” means the option to make added pension payments;
“amount of accrued added pension” means the total of—
the amount of accrued added (self only) pension (if any); and
the amount of accrued added (all beneficiaries) pension (if any);
“amount of extra pension” has the meaning given in paragraph 2;
“appropriate pay period” means the pay period that the scheme manager considers appropriate;
“effective pension age option” means the option to make effective pension age payments;
“effective pension age payments” means periodical payments for an effective pension age made to this scheme;
F1...
“overall limit of extra pension” has the meaning given in paragraph 3;
“periodical payment period” means the period for which periodical payments for added pension or an effective pension age are payable;
“period of service”, in relation to this scheme, means a continuous period of pensionable service under this scheme;
“the relevant day”, in relation to a lump sum payment for added pension, means—
if the scheme manager provides a statement of the amount of added pension, the first day after the period of one month beginning with the date of the statement; or
otherwise, the day on which the lump sum payment is received by the scheme manager;
“the relevant scheme year” means the scheme year in which the relevant day falls;
“statement of the amount of added pension” means the statement referred to in paragraph 18;
“third party” means a third party approved by the scheme manager to make payments for extra pension in respect of an active member of this scheme; and
“value”, in relation to an effective pension age option, means a value determined by the scheme manager under Part 3 or 4 of this Schedule.
Textual Amendments
F1Words in Sch. 1 para. 1 deleted (1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations (Northern Ireland) 2015 (S.R. 2015/181), regs. 1, 2(14)
Commencement Information
I1Sch. 1 para. 1 in operation at 18.12.2014, see reg. 1(2)