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The Local Government Pension Scheme Regulations (Northern Ireland) 2014
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Changes over time for: Section 113
Version Superseded: 18/11/2019
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Effect of acceptance of transfer value paymentN.I.
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113.—(1) Where a transfer value payment has been accepted under regulation 112 (inward transfers of pension rights), the Committee shall credit the active member's pension account with the appropriate amount of earned pension.
(2) The calculation of the appropriate amount of earned pension for the purposes of paragraph (1) is to be in accordance with actuarial guidance issued by the Department.
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