PART 4Pension accounts
CHAPTER 6Deferred member’s account
Deferred member’s account closed after break not exceeding 5 years64
1
If a deferred member re-enters pensionable service under this scheme after a gap in service not exceeding 5 years—
a
the deferred member’s account must be closed; and
b
the active member’s account must be re-established.
2
The active member’s account—
a
must specify the amount of accrued earned pension as at the beginning of the gap in service; and
b
must be adjusted as if the member had continued as an active member during the gap in service but had received no pensionable earnings.