11

If Section 3 of Chapter 3 of Part 4 (Transfers on a CUKS basis; transfers in) applies, a person (P) is entitled to count as reckonable service the period of service under a comparable United Kingdom scheme certified by the scheme managers as having stood to P's credit under the scheme when P ceased to be subject to it.

11A

1

If Section 3 of Chapter 2 of Part 4 (Transfers on a club basis; transfer in) applies, a person (P) is entitled to count as reckonable service the period specified in this paragraph.

2

A period specified in this paragraph is determined by the Secretary of State having taken advice from the scheme actuary and by reference to the age and salary of P notified by the scheme manager of the club scheme.

3

Any sum representing interest that is included in the transfer value is not to be taken into account.

12

1

If Section 3 of Chapter 4 of Part 4 (Transfers on a cash equivalent basis; transfer in) applies, a person (P) is entitled to count as reckonable service the period specified in this paragraph.

2

A period specified in this paragraph is determined by the Secretary of State having taken advice from the scheme actuary and by reference to—

a

P's age and salary at the date P entered pensionable employment, if a transfer value is received within 12 months of entering pensionable employment;

b

P's age and salary at the date a transfer value is received, if the transfer value is received more than 12 months after P enters pensionable employment.

3

Any sum representing interest that is included in the transfer value is to be taken into account.

a

the person is subject to a personal pension scheme after ceasing to be in pensionable employment and that pensionable employment was after 31st December 1985.