The Teachers’ Pension Scheme (Remediable Service) Regulations (Northern Ireland) 2023 No. 131

PART 6 N.I. Transfers

CHAPTER 5 N.I. Treatment of rights secured by virtue of a remediable value

Transferred in remediable rights treated as being in the legacy scheme N.I.

57.—(1) Where M’s transferred in remediable rights would, apart from this regulation, be rights to benefits under the reformed scheme, the rights—

(a) are not, and are treated as never having been, rights under the reformed scheme, and

(b) are treated as being, and as always having been, rights under M’s legacy scheme.

(2) Paragraph (1) has effect—

(a) for the purposes of determining which teachers’ pension scheme is (or at any time was) required to pay benefits to or in respect of M’s transferred remediable rights, and

(b) subject to regulation 58, for all other purposes.

Commencement Information

I1 Reg. 57 in operation at 1.10.2023, see reg. 1