# The Railway Pensions (Transfer of Pension Schemes) Order 2007, Article 3: Transfer of pension rights


On the transfer date—
(a) each transferring member shall—
(i) become a member of the transferee scheme; and
(ii) cease to be a member of each transferor scheme of which he was a member immediately before the transfer date; and
(b) all of the pension rights of the transferring members under the transferor schemes shall be transferred so as to become pension rights under the transferee scheme.

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Source: https://www.legislation.gov.uk/ukdsi/2007/9780110771908/article/3 (the official version)
Page: https://openlegislation.uk/draft-railway-pensions-transfer-of-pension-schemes-order-2007/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.