SCHEDULE 2Transitional provisions

PART 4Option for tapered protection members of the PCSPS(NI)

Option to begin pensionable service before the transition dateI128

1

This paragraph applies in relation to a tapered protection member (P) of the PCSPS(NI) who is in pensionable service in the PCSPS(NI) at any time during—

a

the period beginning with 15th August 2014 and ending with 30th September 2014; or

b

any other period determined by the scheme manager.

2

Not later than 31st October 2014 (or within any longer period determined by the scheme manager), the scheme manager may offer P the option to begin pensionable service under this scheme on the day after the scheme closing date.

3

If P does not exercise the option within 3 months after the date of the offer (or within any longer period determined by the scheme manager), P begins pensionable service under this scheme on P’s transition date.