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The Armed Forces Pension Scheme Order 2005

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[F1InterpretationU.K.

This section has no associated Explanatory Memorandum

1.  In this Schedule—

AFPS 2005” means the Armed Forces Pension Scheme 2005;

AFPS 2015” means the scheme established by the AFP Regulations 2014;

AFP Regulations 2014” means the Armed Forces Pension Regulations 2014;

“continuity of service” in relation to a transition member has the meaning given in paragraph 2;

“club transfer” means a transfer to or from the AFPS 2005 under the club transfer arrangements;

“club transfer arrangements” means arrangements approved by the manager of the AFPS 2015 as providing reciprocal arrangements between that scheme, any connected scheme and other registered occupational pension schemes for making and receiving club transfer value payments;

“club transfer value” in relation to an amount of accrued earned pension under the AFPS 2015, the AFPS 2005 or under another club scheme, means an amount calculated by the manager of the AFPS 2015

(a)

in accordance with the club transfer arrangements; and

(b)

by reference to the guidance and tables provided by the Government Actuary for this purpose that are in use on the date used for the calculation;

“connected scheme” means another statutory pension scheme that is connected with the AFPS 2005 within the meaning of section 4(6) of the 2013 Act;

[F2“flexible service” has the meaning given in rule A.1(4) of Schedule 1;]

“full protection member” has the meaning given in Part 2;

[F2“part-time service” has the meaning given in rule A.1(4) of Schedule 1;]

“pensionable public service” means pensionable service under an existing scheme or a public body pension scheme;

“protection period” has the meaning given in paragraph 10;

[F2“restricted separation service” has the meaning given in rule A.1(4) of Schedule 1;]

“scheme employment” has the meaning given in regulation 13 of the AFP Regulations 2014;

[F2“service reduction percentage” has the meaning given in rule A.2A of Schedule 1;]

[F3transition date” in relation to a transition member means—

(a)

where the member has remediable service in a Scheme within the meaning of section 1 of PSPJOA 2022 (whether or not by virtue of section 2(1) of PSPJOA 2022), 1st April 2022;

(b)

in any other case, 1st April 2015;]

“transition member” means a person—

(a)

who is a member of AFPS 2005 by virtue of their pensionable service under the AFPS 2005 before the transition date; and

(b)

who is also a member of the AFPS 2015 by virtue of their pensionable service under that scheme;

“the 2013 Act” means the Public Service Pensions Act 2013;

“transfer payment” means payment of a transfer value; and

“transfer value” has the meaning given in Part 8 of the AFP Regulations 2014.]

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