Schedule 4Transitional provisions
PART 4Exceptions for tapered protection members of the 1988 scheme
Exception for tapered protection members during protection period16
1
The protection period for a full protection member of the 1988 scheme—
a
begins on the day after the scheme closing date; and
b
ends when P ceases to be a full protection member of the 1988 scheme.
2
In respect of the protection period—
a
P is in pensionable service under the 1988 scheme;
b
section 18(1) of the Act does not apply in respect of that pensionable service; and
c
benefits are to be provided under the 1988 scheme to or in respect of P in relation to that pensionable service.