[F1 Schedule 3 U.K. Remediable Service

Textual Amendments

F1 Sch. 3 inserted (1.10.2023) by The Armed Forces Pensions (Remediable Service) Regulations 2023 (S.I. 2023/998), reg. 1(b), Sch. 2

Part 5 U.K. Provision about divorce and dissolution arrangements

Chapter 1 U.K. Pension Credit and Debit Members

Section 2 U.K. Pension sharing orders: information provided before 1st October 2023

Information provided before 1st October 2023: immediate choice – pension debit adjustment U.K.

28.— (1) This paragraph applies where—

(a) D was an immediate choice member to whom paragraph 27 applied, and

(b) an immediate choice decision is subsequently made or treated as made under this Schedule or the Schedule to the EDP 2005 Order in relation to D’s remediable service.

(2) The Scheme manager must adjust D’s pension account in respect of D’s remediable relevant benefits so that it is subject to a debit of the reformed remediable reduction amount where an immediate choice decision is made or treated as having been made in relation to D’s remediable service under—

(a) paragraph 9(1)(a) of this Schedule, or

(b) paragraph 7(1)(a) of the Schedule to the EDP 2005 Order.

(3) The Scheme manager must adjust D’s pension account in respect of D’s remediable relevant benefits so that it is subject to a debit of the legacy remediable reduction amount where an immediate choice decision is made or treated as having been made in relation to D’s remediable service under—

(a) paragraph 9(1)(b) of this Schedule, or

(b) paragraph 7(1)(b) of the Schedule to the EDP 2005 Order.]