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Endorsements

Endorsement 001 - Pension Administration

Notwithstanding exclusion 2.4.24, the policy is extended to indemnify the public authority in respect
of office administration tasks undertaken in respect of providing a pension scheme for employees for
all sums which the public authority becomes legally liable to pay.

For the purposes of this extension office administration shall mean –

a) Managing the addition and removal of members from the pension scheme.
b) Answering enquiries by telephone, post or email.
c) Using a computer system to look up information and update records.
d) Calculating pension forecasts and preparing statements.
e) Processing pension contributions.
f) Transferring benefits to another pension provider if a customer changes employer.
g) Arranging payment of pensions and lump sums.
h) Keeping accurate records.

The minimum retention applicable to this extension will be GBP 100,000 each and every claim or
series of claims; or as per the policy schedule whichever is greater.

All other terms, conditions and exceptions remain unchanged.

Endorsement 002 - Retention – Election officials

The retention stated in the schedule is NIL in respect of any indemnity provided to any Election
official with regard to any election held during the period of insurance.