# The New Firefighters’ Pension Scheme Order (Northern Ireland) 2007, Paragraph 80: Acceptance of transfer value payments

Extent: N.I.

(1) Subject to paragraphs (3) and (4) and paragraphs (2) and (3) of article 56 (reckoning of pensionable service), where an application is duly made by a member under article 78, the Board may accept the transfer value payment.
(2) If the Board accepts the payment, the member is entitled to count the period calculated in accordance with article 81 as pensionable service or special pensionable service for the purposes of this Scheme.
(3) The Board may not accept a transfer value payment if—
(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b) it would be applied in whole or in part in respect of the member’s or the member’s spouse’s or civil partner’s entitlement to a guaranteed minimum pension; and
(c) it is less than the amount required for that purpose, as calculated in accordance with guidance and tables prepared by the Scheme Actuary for the purposes of this paragraph.
(4) Where the application under article 78 is made by a person to whom paragraph (4) of that article applies, paragraphs (2) and (3) of article 56 (limit on maximum amount of pensionable service that can be accrued) of Part 10 do not apply to that transfer value payment and the Board must accept the transfer value payment unless paragraph (3) applies.

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Source: https://www.legislation.gov.uk/nisr/2007/215/schedule/ANNEX/paragraph/80 (the official version)
Page: https://openlegislation.uk/new-firefighters-pension-scheme-order-northern-ireland-2007/schedule-ANNEX/paragraph-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

