# The Public Service (Civil Servants and Others) Pensions Regulations 2014, Paragraph 44: Acceptance of club transfer value payments and bulk transfers

Extent: E+W+S+N.I.

(1) If, in circumstances where regulation 156 applies, the special terms agreed for the acceptance of transfer payments require such part of a transfer value payment as relates to a member’s final salary benefit to be paid into the PCSPS, that part of the transfer value payment must be paid into the PCSPS.
(2) Any part of a club transfer value payment from another scheme that relates to a member’s final salary benefit must be paid into the PCSPS.

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Source: https://www.legislation.gov.uk/uksi/2014/1964/schedule/2/paragraph/44 (the official version)
Page: https://openlegislation.uk/public-service-civil-servants-and-others-pensions-regulations-2014/schedule-2/paragraph-44
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.