SCHEDULE 2Scheme flexibilities
PART 4Election to buy out the standard reduction
CHAPTER 4Revocation and refund
Member leaves all pensionable service before qualifying for retirement benefits
38.
(1)
This paragraph applies if a member (P) leaves all pensionable service under this scheme before qualifying for retirement benefits in respect of that service.
(2)
If this paragraph applies, any monthly payments made before the last day of pensionable service must be refunded to P.