Part 1: Public Service Pension Schemes Chapter 2: Judicial Schemes Section 53: Effective pension age payments
Under the 2015 scheme, the effective pension age (EPA) option enables contributions to be paid to secure a lower pension age than Normal Pension Age (but no lower than 65). Since the pension age in legacy schemes is 65, such contributions are of no benefit to a person electing to return to their legacy scheme.
	The effect of this section is that where a judge has made EPA contributions and a legacy scheme election is made by or in respect of that judge, the judge (or if they are deceased, their personal representatives), must receive an amount by way of compensation equal to the value of the net contributions. Section 53(2) clarifies that any rights which would otherwise have been secured by the EPA payments are extinguished.