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Regulation 82 Changes of fund and variable time employeesI1

Scotland Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

An inter fund transfer under regulation 81(2) in respect of a member who is a variable time employee prior to the transfer and who remains a variable time employee after the transfer shall be on the basis that his period of membership transfers on a day for day basis.

(2)

An inter fund transfer under regulation 81(2) in respect of a member who is a variable time employee prior to the transfer and who becomes a whole time or part time employee after the transfer shall be on the basis that his period of membership transfers on a pro rata basis using the formula–

periodofmembership×annualrateofpayinthevariable-time employmentannual rate of pay in the employment post transfer=period of membership credited in the post transfer employment.

Annotations

Commencement

I1

Reg. 82 in force at 1.4.2009, see reg. 1