SCHEDULE 2Scheme flexibilities

PART 3Faster accrual election

CHAPTER 3Revocation and refund

Member leaves all pensionable service before qualifying for retirement benefits

28.

(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, any monthly payments made by P before the last day of pensionable service must be refunded to P.