PART 4Voluntary contributions
Interpretation of Part 4 14
1
In this Part—
“2011 regulation Q8” means regulation Q8 of the 1995 Section21 (option to pay additional periodical contributions to purchase additional pension);
“2011 regulation Q10” means regulation Q10 of the 1995 Section (member’s option to pay lump sum contributions to purchase additional pension);
“2011 regulation Q11” means regulation Q11 of the 1995 Section (payment of additional lump sum contributions by employing authority);
“2013 regulation 2.C.8” means regulation 2.C.8 of the 2008 Section22 (member’s option to pay additional periodical contributions to purchase additional pension);
“2013 regulation 2.C.10” means regulation 2.C.10 of the 2008 Section (member’s option to pay lump sum contribution to purchase additional pension);
“2013 regulation 2.C.11” means regulation 2.C.11 of the 2008 Section (payment of additional lump sum contributions by employing authority);
“2013 regulation 3.C.6” means regulation 3.C.6 of the 2008 Section23 (member’s option to pay additional periodical contributions to purchase additional pension);
“2013 regulation 3.C.8” means regulation 3.C.8 of the 2008 Section (member’s option to pay lump sum contribution to purchase additional pension);
“2013 regulation 3.C.9” means regulation 3.C.9 of the 2008 Section (payment of additional lump sum contributions by employing authority);
“2015 regulation 47” means regulation 47 of the 2015 Regulations (payment of buy-out contributions);
“2015 regulation 58” means regulation 58 of the 2015 Regulations (accepting an additional pension election);
“2015 regulation 61” means regulation 61 of the 2015 Regulations (lump sum contributions: payment of contributions and credit of additional pension);
“2015 regulation 63” means regulation 63 of the 2015 Regulations (periodic contributions);
“2015 transitional regulation 25” means regulation 25 of the 2015 Transitional Regulations24 (decoupling of benefits derived from additional contributions);
“actuarial increase” means a late payment actuarial increase under paragraph 2 of schedule 11 of the 2015 Regulations (calculation of pension: late payment of pension with actuarial increase) where the calculation of that increase must take account of any buy-out election in accordance with sub-paragraph (4) of that paragraph;
“actuarial reduction” has the meaning given in paragraph 9 of schedule 7 of the 2015 Regulations (pension accounts);
“relevant contributions” means contributions that were paid by the remedy member—
- a
on or after the member’s 60th birthday if the member’s contributions are to be treated as if they had been paid under a corresponding option exercised under the 2011 Regulations, or
- b
on or after the member’s 65th birthday if the member’s contributions are to be treated as if they had been paid under a corresponding option exercised under the 2013 Regulations;
- a
“remedy period” means the period from 1 April 2015 to 31 March 2022 (including those dates).