4Deferral of accrued benefit without transferring it

4 Deferral of accrued benefit without transferring it

4 Deferral of accrued benefit without transferring it

If a contributor, within the election period:

(a) exercises his or her entitlement to make provision for a deferred benefit, and

(b) does not exercise the entitlement conferred by clause 3 of Schedule 5 to the Act,

the benefit is to be deferred in accordance with section 43 of the Act from and including the date on which the contributor becomes an employee of the local council.