387. Pension increases.

387.     Pension increases.

A scheme1 which by its rules provides for increases of long service benefit2 from time to time (whether by way of upwards revaluation or otherwise) must provide for corresponding increases of short service benefit3 in the case of members4 whose pensionable service5 terminates at any time after the coming into force of any such rule6. Where the provision for increasing long service benefit involves the exercise of a discretion, a corresponding discretion must be conferred in relation to short service benefit7. If an increase of long service