Schedule 4Transitional provisions

PART 9Transfer of final salary benefits

Joining this scheme or the 2006 scheme45

1

This paragraph applies to a person who transfers final salary benefits into the 2006 scheme after the scheme closing date.

2

Unless the person is a protected member of the 2006 scheme—

a

the person joins this scheme;

b

the person is taken to be a transition member with continuity of service; and

c

the service to which the final salary benefits relate is counted when calculating qualifying service.

3

If the person is a protected member of the 2006 scheme, the person joins the 2006 scheme.