http://www.legislation.gov.uk/uksi/2014/512/regulation/49/2015-04-05The Teachers' Pension Scheme Regulations 2014texttext/xmlenStatute Law DatabasePUBLIC SERVICE PENSIONS, ENGLAND AND WALESEDUCATION, ENGLAND AND WALES2024-05-16Expert Participation2015-04-05These Regulations establish a career average re-valued earnings scheme for the payment of pensions and other benefits to and in respect of teachers in England and Wales.PART 4Pension accountsCHAPTER 3Pension accounts: generalClosure of pension accounts on transfer out or repayment of balance of contributions49.

All pension accounts relating to a member (P) (other than a pension credit member's account) must be closed if—

(a)

a transfer payment is made in respect of P's accrued rights under this scheme; or

(b)

P is repaid the balance of contributions under regulation 189.

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