Section 32 Automatic transfer of pension benefits etc.I1
Schedule17—
(a)
requires the Department to make regulations under which, in certain circumstances, the cash equivalent of a person's accrued rights to benefits under a pension scheme must be transferred to another scheme of which the person is an active member;
(b)
permits the Department to make regulations requiring accounts relating to a person's accrued rights to benefits under a pension scheme to be merged in certain circumstances.
Annotations
Commencement
- I1
S. 32 in operation at 16.7.2015 for specified purposes by S.R. 2015/307, art. 2(1)(m)