Regulation 17 Application and interpretation of Chapter 1I1
England and Wales
This Chapter applies in relation to—
a pension credit member (“C”),
the corresponding pension debit member (“D”), and
the pension sharing order by virtue of which C became a pension credit member in relation to D’s remediable service as a firefighter (the “relevant pension sharing order”).
In this Chapter—
F1...
“C” means the pension credit member mentioned in paragraph (1)(a);
“cash equivalent” means an amount calculated in accordance with regulations made under section 30 of WRPA 1999f1;
“corresponding pension debit member” means the remedy member referred to in sub-paragraph (c) of the definition of “pension credit member”;
“D” means the corresponding debit member mentioned in paragraph (1)(b);
“pension credit member” means a member of a firefighters‘ pension scheme who has rights under the scheme—
- (a)
which are attributable (directly or indirectly) to a pension creditf2;
- (b)
which arise by virtue of a pension sharing order with a transfer day on or after 1st April 2015, and
- (c)
the value of which was determined (to any extent) by reference to the value of benefits payable in respect of the remediable service as a firefighter of a remedy member;
- (a)
“pension sharing order” means the order or provision by virtue of which section 29 of WRPA 1999 applies in relation to a pension credit member and the corresponding pension debit member;
“relevant pension sharing order” has the meaning given in paragraph (1)(c);
“remediable relevant benefits” means the benefits or future benefits described in section 29(4) and (5) of WRPA 1999 to which D is entitled by virtue of remediable shareable rights;
“remediable shareable rights” means D’s shareable rights secured by virtue of D’s remediable service as a firefighter during the period beginning on 1st April 2015 and ending on the earlier of—
- (a)
the day before the F2transfer day, or
- (b)
the last day of D’s remediable service as a firefighter;
- (a)
“shareable rights” has the meaning given in section 27(2) of WRPA 1999;
“transfer day” means the day on which the relevant pension sharing order takes effect;
“valuation day” has the meaning given in section 29(7) of WRPA 1999.
Annotations
Textual amendments
- F1
Words in reg. 17(2) omitted (9.2.2024) by virtue of The Police and Firefighters’ Pensions (Remediable Service) (Amendment) Regulations 2024 (S.I. 2024/59), regs. 1(2), 3(4)(a)
- F2
Words in reg. 17(2) substituted (9.2.2024) by The Police and Firefighters’ Pensions (Remediable Service) (Amendment) Regulations 2024 (S.I. 2024/59), regs. 1(2), 3(4)(b)
Commencement
Footnotes
- f1
-
In accordance with section 110(1) of the PSPJOA 2022, “WRPA 1999” means the Welfare Reform and Pensions Act 1999 (c. 30).
- f2
-
See section 19(7) of the PSPJOA 2022 for the meanings of “pension debit” and “pension credit”.