386. Credits.

Subject to the following provisions, if a scheme1 provides for long service benefit2 to include supplementary credits3, it must:

  1.  

    (1)     provide for such credits to be included in short service benefit4; and

  2.  

    (2)     provide for all credits to be so included5.

Where purchased credits6 have not been paid for in full at or before termination of pensionable service, the short service benefit must include the appropriate proportion of the credits7.

If the benefit includes bonus credits8, or credits for which payment is to be made by deduction from that or another benefit, the credits to be included in the benefit and