OpenLegislation

Regulation 41 Closure and transfer of added pension accountI1

Scotland

Where an active member (P) has an added pension account, the added pension account must remain open until—

(a)

P has claimed a retirement pension and the amount of added pension is transferred to the retirement account or the deferred member’s account; or

(b)

a transfer value payment is made in respect of P’s rights to the accrued added pension.

Annotations

Commencement

I1

Reg. 41 in force at 1.4.2015, see reg. 1(2)