The Teachers' Pension Scheme Regulations 2014

Accepting a bulk transfer paymentE+W

This section has no associated Explanatory Memorandum

218.—(1) The scheme manager must accept a transfer payment from another occupational pension scheme in respect of each person to whom this Chapter applies as part of a bulk transfer payment if it is offered.

(2) In this Chapter, “bulk transfer payment” means a single transfer payment in respect of all persons to whom this Chapter applies.