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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format. The electronic version of this UK Statutory Instrument has been contributed by Westlaw and is taken from the printed publication. Read more
Period of Federated Schemes Employment: effect on later period of local government employment and on transfer values
14. Where a person to whom this part of these rules applies—
(a)had entered, and then left, local government employment before the commencement of these rules, and then
(b)had entered, or enters, further employment in such circumstances that a transfer value is paid under section 29 of the Act of 1937 or by virtue of interchange rules,
then if the fund authority to whom the person first paid contributions after leaving Federated Schemes Employment receive a transfer value under rule 9(b), they shall—
(i)treat the service which becomes reckonable under rule 10 as though it had been reckonable at the time when he ceased to participate in their fund and
(ii)re-calculate the transfer value which they paid in respect of him.
Yn ôl i’r brig