SECTION 2: MEMBERS’ PERIODICAL CONTRIBUTIONS FROM PENSIONABLE
EARNINGS
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Contributions by certain members for past service
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| 2.12 |
(1) |
This Rule applies to any member who:
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(a) |
was ineligible under the Former Rules for membership of the
Scheme, by reason of not having been in full-time employment or by reason
of having attained the age of 55 if a man or 50 if a woman before commencing
employment, and who joined the Scheme under an option granted by the Authority
in 1974 or in the case of a former non industrial scheme member during September
1973; or
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(b) |
having completed 40 years’ reckonable service and ceased to
pay contributions by virtue of Rule 2.04, but being over the age of 60 and
still in service with a retiring age of 65, exercises an option granted
under Rule 4.01 to change his retirement age to 60; or
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(c) |
has entered or been deemed to have entered the Scheme before
the age of 18 under the option referred to in Rule 1.05(vi);
or
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(d) |
was ineligible under Rule 1.05(iv) for membership of the Scheme,
by reason of having been employed for less than 18 hours per week before
1 January 1985, and who joined the Scheme on that date under an option granted
to him by the Authority.
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(2) |
As from the date of joining the Scheme (or the date of the
exercise of the option under sub-paragraph (b) of paragraph (1) of this
Rule, as the case may be) the member shall pay contributions in accordance
with the Rules; and the Authority may, at their discretion and on such terms
as they may determine, allow him to pay additional contributions, if he
so opts, in respect of his previous service for which he has not already
paid contributions (except service between completing 40 years’ reckonable
service and afterwards attaining the age of 60).
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