OpenLegislation

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)