The Public Service (Civil Servants and Others) Pensions Regulations 2014 No. 1964

SCHEDULE 1 Payments for extra pension

PART 4 Enhanced effective pension age payments

CHAPTER 2 Exercising the enhanced effective pension age option

Determining the value of an enhanced effective pension age option

41.—(1) The value of an enhanced effective pension age option at any time is a value determined by the scheme manager as at that time.

(2) A member who has exercised an enhanced effective pension age option—

(a) may at any time ask the scheme manager to provide a statement of the value of the enhanced effective pension age option; and

(b) must ask the scheme manager to provide a statement of the value of the enhanced effective pension age option before an added pension option may be exercised in relation to the member.