SCHEDULE 2Transitional provisions

PART 4Option for tapered protection members of an existing scheme

Option to begin pensionable service before the transition date

14.

(1)

This paragraph applies in relation to a tapered protection member (P) of an existing scheme.

(2)

The scheme manager may offer P the option to begin pensionable service under this scheme on the day after the scheme closing date.

(3)

If P does not exercise the option within the period determined by the scheme manager, P begins pensionable service under this scheme on P’s transition date.

(4)

If P ceases to be a tapered protection member after the scheme closing date but before P’s transition date, P begins pensionable service under this scheme on the day P begins service in a qualifying judicial office.