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13. In regulation 22—
(a)at the end of paragraph (4)(e) omit “or”;
(b)at the end of paragraph (4)(g), insert—
“or
(h)the member’s benefits are transferred to another Fund under regulation 100.”; and
(c)at the end of paragraph (6) insert—
“(6A) Where an active member with concurrent employments ceases an employment with entitlement to a deferred pension, the benefits in the deferred member’s pension account must be aggregated with those in the on-going active member’s pension account and, if there is more than one such account, the one chosen by the member, unless—
(a)within 12 months of the date the concurrent employment ceased; or
(b)such longer time as the Scheme employer in relation to the relevant on-going active member’s pension account permits,
the member makes an election to the appropriate administering authority to retain the deferred member’s pension account.
(6B) Where a deferred member again becomes an active member, the benefits in the deferred member’s pension account must be aggregated with those in the active member’s pension account unless—
(a)within 12 months of the active member’s pension account being opened; or
(b)such longer time as the Scheme employer in relation to that active member’s pension account permits,
the member makes an election to the appropriate administering authority to retain the deferred member’s pension account.”.
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Policy Note sets out a brief statement of the purpose of a Scottish Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Scottish Statutory Instrument accessible to readers who are not legally qualified and accompany any Scottish Statutory Instrument or Draft Scottish Statutory Instrument laid before the Scottish Parliament from July 2012 onwards. Prior to this date these type of notes existed as ‘Executive Notes’ and accompanied Scottish Statutory Instruments from July 2005 until July 2012.
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