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 M1 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).