# The Firefighters’ Pension Scheme Order (Northern Ireland) 2007, Paragraph 55: Payment of transfer values

Extent: N.I.

(1) Subject to paragraphs (2) to (9), the Board—
(a) may pay a transfer value in respect of a person who has, before attaining state pensionable age, either ceased to serve as a regular firefighter in the fire and rescue service or elected under article 59 not to pay pension contributions and has become subject to another superannuation scheme (“the receiving scheme”); and
(b) shall pay a transfer value in respect of such a person if the receiving scheme is an approved scheme.
(2) The person must within 6 months after becoming subject to the receiving scheme, or such longer period as the Board may in the circumstances allow, have made a written request to the Board for the transfer value to be paid.
(3) A transfer value may not be paid if one was paid before in relation to the same transfer.
(4) A transfer value may not be paid if the person has received any payment in respect of a pension to which he became entitled under Part B on ceasing to serve as a regular firefighter.
(5) A transfer value may not be paid if the person has received any gratuity or repayment of pension contributions to which he became entitled under Part B on ceasing to serve as a regular firefighter unless he—
(a) became subject to the receiving scheme within 12 months, or such longer period as the Board may in the circumstances allow, after ceasing to serve; and
(b) has, within the period allowed by paragraph (2) for requesting payment of the transfer value, repaid to the Board the amount paid to him.
(6) A transfer value may not be paid if the person has a guaranteed minimum in relation to a pension provided by this Scheme, unless—
(a) the receiving scheme is a contracted-out scheme; or
(b) a contributions equivalent premium has been paid in respect of him by the Board and has not been repaid.
(7) A transfer value may not be paid if the person has acquired a right to a cash equivalent, unless—
(a) the service to which the cash equivalent relates includes service before lst October 1990; and
(b) the right has been exercised by requiring the whole of the cash equivalent to be paid to the scheme managers of an approved scheme which is not a club scheme.
(8) A transfer value may not be paid if the person—
(a) has acquired a right to a part cash equivalent; and
(b) would on taking that right remain entitled to a deferred pension.
(9) A transfer value may not be paid in respect of any pension credit rights.
(10) If a transfer value or cash equivalent is paid any award to which the person became entitled under Part B on ceasing to serve as a regular firefighter ceases to be payable.
(11) Part IV of Schedule 6 has effect for determining the amounts of transfer values payable under this article.

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Source: https://www.legislation.gov.uk/nisr/2007/144/schedule/ANNEX/paragraph/55 (the official version)
Page: https://openlegislation.uk/firefighters-pension-scheme-order-northern-ireland-2007/schedule-ANNEX/paragraph-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.