SCHEDULE 2Transitional provisions
PART 3Exceptions to section 18(1) of the 2014 Act: tapered protection members of the FPS or the NFPS
Tapered protection: members of an existing public body pension scheme
20.
This paragraph applies if—
(a)
P was an active member of an existing scheme (other than the FPS or the NFPS) or an existing public body pension scheme on the closing date for that scheme;
(b)
P was an active member of an existing scheme or an existing public body pension scheme (“P’s transitional scheme”) on 31st March 2012;
(c)
P begins service which is pensionable under the NFPS not more than five years after leaving pensionable service under an existing public body pension scheme;
(d)
on the date that P begins service which is pensionable under the NFPS, P would have been a protected member of the existing public body pension scheme referred to in (c) had P re-entered service which is pensionable under that scheme on that date; and
(e)
P would, unless P dies, reach normal pension age under—
(i)
the NFPS during the period beginning with 2nd April 2022 and ending with 31st March 2026, and
(ii)
P’s transitional scheme on or before 1st September 2025.