Introductory Text1.Citation, commencement and application2.Amendment of Regulations3.Requirements for admission agreements4.Further restrictions on eligibility5.Periods of membership: “total membership”6.High earners7.Members' contributions8.Employer’s discretion to reduce members' contribution rate9.Inland Revenue limits on contributions10.Limit on total amount of benefits11.Calculations12.Final pay13.Revenue limits14.Retirement after age 6515.Other early leavers: deferred retirement benefits and elections for early payment16.Re employed and rejoining deferred members17.Surrenders of pension18.Requirements as to time of payment19.Guaranteed minimum pensionsetc.20.Surviving spouse’s or civil partner’s long-term pension21.Meaning of “eligible child”22.Children’s long-term pensions23.Commutation: small pensions24.Commutation: exceptional ill health25.Scope of Part III: limits on benefits26.Power of employing authority to increase total membership27.Payments to increase total membership28.Election for lump sum in lieu of pension29.Retirement benefits30.Elections as to use of accumulated value of AVCs31.Accounts and audit32.Employer’s further payments33.Over-provision: calculation and return of surplus AVC and SCAVC funds34.Rights to return of contributions35.Commencement of pensions36.First instance decisions37.Interpretation38.Matters to be included in an admission agreement in certain cases39.Excluded membership40.Revenue restrictions41.Application of Modification RegulationsSignatureExplanatory Note