Paragraph 54 Club Transfers in before 1st October 2023: AFPS 2015F1

(1)

This paragraph applies where, before 1st October 2023—

(a)

the Scheme manager for the reformed scheme accepted a remediable club transfer value in respect of a remedy member (“M”), and

(b)

M’s remediable service is pensionable under this Scheme by virtue of section 2(1) of PSPJOA 2022.

(2)

The remediable club transfer value in sub-paragraph (1)(a)—

(a)

is not, and is treated as never having been, accepted into the reformed scheme, and

(b)

is treated as being, and as always having been, accepted into this Scheme.

(3)

Paragraph (1) has effect—

(a)

for the purposes of determining which Scheme is (or at any time was) required to pay benefits to, or in respect of, the remediable transfer value in sub-paragraph (1)(a), and

(b)

subject to paragraph 55, for all other purposes.

(4)

Paragraph 48 applies to a remediable club transfer value which is treated as accepted into this Scheme under this paragraph.

Annotations

Textual amendments

F1: Sch. 3 inserted (1.10.2023) by The Armed Forces Pensions (Remediable Service) Regulations 2023 (S.I. 2023/998), reg. 1(b), Sch. 2

Notes on Schedule 3

Modifications

C1: Schs. 1-3 modified (14.7.2026 for the tax year 2014-15 and subsequent tax years) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2026 (S.I. 2026/673), regs. 1(2), 10