34.—(1) This regulation applies if—
(a)a member's (M) employment is terminated by reason of redundancy; and
(b)M will become entitled to payment of a pension under regulation 81 on the entitlement day for a premature retirement pension.
(2) M's employing authority must make a single lump sum contribution to the scheme manager of the relevant amount.
(3) The contribution must be paid within one month of the date on which the pension under regulation 81 became payable.
(4) The relevant amount is the amount the scheme manager determines is required to meet the cost of paying the premature pension under regulation 81.
(5) Paragraph (6) applies if—
(a)a pension becomes payable to M under regulation 81 in respect of the termination of M's employment with an employing authority (the “ first authority ”); and
(b)M elects that at the same time a pension also becomes payable to M in respect of pensionable service with one or more employing authorities.
(6) The first authority must also make any additional contribution for which the other employing authority or authorities would be liable in accordance with paragraph (2) if the other authority or authorities had terminated M's employment as mentioned in paragraph (1)(a).
(7) In making a determination for the purposes of paragraph (4), the scheme manager must have regard to the advice of the scheme actuary.