PART 10PENSION SHARING

CHAPTER IIIMODE OF DISCHARGE AND “IMPLEMENTATION PERIOD”

Adjustment to the amount of the pension credit – payments made without knowledge of the pension debit92

If–

a

a person’s shareable rights under the Scheme have become subject to a pension debit;

b

the administering authority makes a payment which is referable to those rights without knowing of the pension debit; and

c

the cash equivalent of the member’s shareable rights after deduction of the payment is less than the amount of the pension debit,

the pension credit shall be reduced to that lesser amount66.