PART 4Scheme membership
CHAPTER 5Deferred membership
Meaning of “deferred member”40
1
A person (P) becomes a deferred member of this scheme in relation to a continuous period of pensionable service under this scheme (“period of service”) if paragraph (2) or (3) applies.
2
This paragraph applies if —
a
P ceases to be an active member of this scheme in relation to the period of service before reaching P’s state pension age;
b
on ceasing to be an active member, P does not become a pensioner member of this scheme in relation to the period of service; and
c
P has at least 2 years’ qualifying service or a transfer payment otherwise than from another occupational pension scheme has been received by this scheme in relation to P.
3
For the purpose of this regulation, a person on a period of unpaid leave during which the employment relationship continues 57 ceases to be an active member if the period of leave exceeds 5 years.
4
Paragraph (2) does not apply to a deferred member who falls within regulation 4(1)(b) or (d).
5
A person becomes a deferred member of this scheme in relation to an amount of accrued added pension if—
a
the circumstances in regulation 103(1) (deferment of added pension attributable to recent payments) apply; or
b
the person exercises the option under regulation 121 (option to defer payment of retirement added pension).