The Teachers' Pensions Regulations 2010 No. 990

[F1 PART 4 E+W+S Transfers

Textual Amendments

F1 Pt. 4 substituted (1.4.2015) by The Teachers' Pensions (Miscellaneous Amendments) (No. 2) Regulations 2014 (S.I. 2014/2651), regs. 1, 10

CHAPTER 3 E+W+S Transfers on a comparable United Kingdom service basis

SECTION 3 E+W+S Transfers in

Application of this Section E+W+S

34C.— (1) This Section applies if a person—

(a) ceases to be in a comparable United Kingdom scheme,

(b) enters pensionable employment in this scheme on or before 31st March 2015, and

(c) makes an application for a transfer value payment on or before 31st March 2017.

(2) A person in respect of whom a CUKS transfer value is accepted is entitled to count reckonable service in accordance with Part 2 of Schedule 6.

Receipt under this Section E+W+S

34D.— (1) A CUKS transfer value payment may be accepted under this Section in respect of a person (P) to whom this Section applies, if either paragraph (2) or (3) applies.

(2) (a) P makes an application for a CUKS transfer value on or before the day on which P reaches the normal pension age, and

(b) when P's application is received, P is not in receipt of—

(i) retirement benefits under this scheme,

(ii) a short-service serious ill-health grant, or

(iii) a short-service annuity.

(3) (a) P makes an application for a CUKS transfer value after the day on which P reaches the normal pension age, and

(b) P entered pensionable employment—

(i) immediately after ceasing comparable UK service, and

(ii) on or before the date on which P reaches the normal pension age.]