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The Teachers' Pension Scheme Regulations 2014

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Changes over time for: Paragraph 47

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Point in time view as at 01/08/2021.

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There are currently no known outstanding effects for the The Teachers' Pension Scheme Regulations 2014, Paragraph 47. Help about Changes to Legislation

Application for payment of benefits for pension credit membersE+W
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47.—(1) A [F1pension credit member] (P) [F2with pension credit rights in this scheme and the existing scheme,] who has not reached normal pension age under the existing scheme when P applies for payment of a pension credit retirement pension under this scheme will receive payment [F3under the existing scheme] of any benefits payable to P in respect of pensionable service under the existing scheme.

(2) If P applies for payment of a pension credit retirement pension after having reached normal pension age under the existing scheme, P may apply [F4under this scheme] for payment F5... of a pension credit retirement pension in respect of pensionable service under—

(a)the existing scheme;

(b)this scheme; or

(c)the existing scheme and this scheme.

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