PART 4Contributions
CHAPTER 5Additional pension
Revoking an additional pension election (periodic payments)65
1
A member (M) may revoke an additional pension election at any time before the end of the contributions payment period.
2
A revocation must be by notice in writing to—
a
the scheme manager; and
b
M's employing authority.
3
A revocation has effect from the start of M's next pay period (“date of revocation”).
4
On the date of revocation under paragraph (1)—
a
periodic payments for additional pension under the election cease to be payable; and
b
the amount of accrued additional pension as at that date is an amount determined by the scheme manager.
5
The scheme manager may revoke the election if there are reasonable grounds for believing—
a
that M's health will prevent M from paying contributions for the whole of the contributions payment period;
b
that M was aware of the state of M's health at the time of making the declaration under regulation 57(3); and
c
that M failed to disclose the state of M's health in the declaration.
6
A revocation under paragraph (5) must be given to M by notice in writing.
7
If the scheme manager revokes an election under paragraph (5)—
a
periodic payments for additional pension under the election cease to be payable; and
b
payments made by M before the date of revocation must be returned to M or, if M is deceased, M's representatives.