SCHEDULE 1ARRANGEMENT OF RULESTHE ARMED FORCES PENSION SCHEME 2005

PART KAFPS 1975 TRANSFEREES

Preliminary

Application of Part K: meaning of “AFPS 1975 transferee”

K.1.

(1)

This Part makes provision in relation to persons who—

(a)

are active members of the AFPS 1975 immediately before 6th April 2005, and

(b)

opt to become members of the Scheme on the basis set out in this Part.

(2)

In these Rules a member of the Scheme to whom this Part applies is referred to as an “AFPS 1975 transferee”.

(3)

If an AFPS 1975 transferee becomes a re-employed active member, this Part does not apply in relation to his service after he does so unless the break in service immediately before such re-employment does not exceed six months.

Options for AFPS 1975 members to join the Scheme under Part K

K.2.

(1)

A person who—

(a)

would be eligible to join the Scheme by virtue of his service if he met the condition in rule B.1(b)(i) (which requires that the person’s service begins on or after 6th April 2005), and

(b)

immediately before that date was an active member of the AFPS 1975 by virtue of that service,

may opt to join the Scheme under the terms of this Part, unless he has been re-employed in the service by virtue of which he is eligible to belong to the Scheme on or after reaching pension age.

(2)

The option may only be exercised by giving notice in writing to the Scheme administrator in such form as the Secretary of State requires on or before 31st March 2006 or such later date as the Secretary of State may determine is appropriate in the case of any particular member.

(3)

For this purpose the notice is treated as having been given on the date on which it is received by the Scheme administrator.

(4)

The option has effect on 6th April 2006 and is irrevocable unless paragraph (5) applies.

(5)

This paragraph applies if the Secretary of State gives notice in writing to the person stating that the person may revoke his option by giving notice in writing that he wishes to do so to the Secretary of State before the expiry of the period of 3 months beginning with the date on which the notice is given by the Secretary of State.

(6)

Where a person revokes his option in accordance with paragraph (5), these Rules apply as if he had never opted to join the Scheme.