Regulation 29 Admission agreements
This Regulation applies where—
a transferee Scheme employer has entered into a best value arrangement with a transferee admission body on or after 1st April 1999 and before the date on which these Regulations come into force;
within three months of the date on which these Regulations come into force, the transferee Scheme employer and the transferee admission body enter into an admission agreement which satisfies the requirements of regulation 5f1 of the Local Government Pension Scheme Regulations 1997; and
the condition referred to in paragraph (4) is satisfied.
Where this regulation applies, the admission agreement may provide that a period of employment by the transferee admission body before the date of the agreement counts as a period of membership for the purposes of the Local Government Pension Scheme Regulations 1997 for the employees covered by the admission agreement.
The period of employment shall be such period as the actuary to the relevant fund shall determine.
The condition referred to in paragraph (1) is that the transferee admission body pays into the relevant fund increased contributions to meet the cost of the increase in membership.