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The Teachers' Superannuation (Scotland) Regulations 2005
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- Scottish Statutory Instruments
- 2005 No. 393
- PART F
- Regulation F2
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Pension sharing order activates pension sharing creating pension debits and credits
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F2. On the coming into effect of a pension sharing order–
(a)the transferor’s shareable rights under the Scheme become subject to a debit of the appropriate amount (“pension debit”) as defined in regulation F3; and
(b)the transferee becomes entitled to a credit of that amount (“pension credit”) as against the Scottish Ministers.
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