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The Judicial Pensions (Transfer of Accrued Benefits) Regulations 1995
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- UK Statutory Instruments
- 1995 No. 637
- Explanatory Note
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Explanatory Note
(This note is not part of the Regulations)
These Regulations apply to the transfer of accrued benefits between non-judicial pension schemes and the schemes constituted by Part I and section 19 of the Judicial Pensions and Retirement Act 1993 under schedule 2 to that Act. They prescribe the requirements to be satisfied by the non-judicial pension schemes, the limits on payments into and the type of benefits to be provided under the 1993 Act schemes, for the calculation of cash equivalents on a transfer out of those schemes and the calculation of an annual pension and derivative benefits to reflect the transfer payments into those schemes.
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