SCHEDULE 3Transitional provisions

PART 4Transition members becoming active members of this scheme

Meaning of “transition member”20

A person (P) to whom either paragraph 21 or 22 applies is a transition member.

Active members of the existing scheme21

This paragraph applies to a person (P) if—

a

P is a member of the existing scheme by virtue of his or her pensionable service under that scheme before the transition date;

b

P is a member of this scheme by virtue of his or her pensionable service under this scheme on or after the transition date;F1...

F2c

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Fair Deal members22

1

This F3...paragraph applies if sub-paragraphs (2) and (3) apply.

2

This sub-paragraph applies if—

a

on or before the scheme closing date—

i

P was an active member of the existing scheme;

ii

P's employment was transferred to an employer not mentioned in Parts 2, 3 or 4 of Schedule 1;

iii

as a result of that transfer, P ceased to be in pensionable service under the existing scheme; and

iv

P's employment is subject to existing Fair Deal arrangements.

b

after the scheme closing date—

i

P is subject to a Fair Deal transfer; and

ii

P is not a member of another pension scheme to which P's employer pays contributions in respect of P.

3

This sub-paragraph applies if—

a

on the scheme closing date, P was an active member of the existing scheme or a pension scheme access to which was given under existing Fair Deal arrangements; and

b

unless P dies, P would reach normal pension age under F4the existing scheme on or after 1st October 2025.

Transition members with continuity of service23

A transition member (P) who has continuity of service becomes an active member of this scheme—

a

if P is in pensionable service on the transition date, on that date; or

b

on re-entering pensionable service after the transition date.

Transition members without continuity of service24

A transition member (P) who does not have continuity of service becomes an active member of this scheme when P re-enters pensionable service on or after the transition date.