SCHEDULE 5COUNCILLOR MEMBERS

Regulation 71

BENEFITS

Preliminary

1

Omit regulation 43 (permanent reductions in pay).

Retirement benefits

2

1

Regulation 13(1) (re employed and rejoining deferred members) shall only apply to a councillor member in respect of any councillor membership where both the former membership and the membership as an active member referred to in that paragraph are councillor membership in the same appropriate fund.

2

Omit regulation 13(8)(c).

3

Omit regulation 14 (concurrent employments).

OPTIONAL ADDITIONAL BENEFITS

Additional Voluntary Contributions

4

In regulation 23(1)(a)(ii) (use of accumulated value of AVCs and SAVCs) delete “19 (early leavers: business efficiency and redundancy),”.

Shared Cost Schemes

5

In regulation 22 (additional voluntary contributions) omit–

a

paragraph (3); and

b

the words “or SCAVCS” where they occur.

ADMINISTRATION

Members' contributions

6

Omit regulation 21 (discontinuance of ARCs).

7

Omit paragraph (4) of regulation 41 (rights to return of contributions).

Transfers

8

Omit regulations 76, 77 and 81 (bulk transfer arrangements and payments between funds and authorities).