SCHEDULES

F1SCHEDULE 5APension Increase or Lump Sum Where Entitlement to Shared Additional Pension is Deferred

Lump sum where entitlement to shared additional pension is deferred

4.

(1)

This paragraph applies where—

(a)

a person’s entitlement to a shared additional pension is deferred, and

(b)

the person has made (or is treated as having made) an election under paragraph 1(1)(b) in relation to the period of deferment.

(2)

The person is entitled to an amount calculated in accordance with paragraph 5 (a “lump sum”).