Article P2 Transfers to other pension schemes after opt-out
At the request of any person who–
is an opted-out member or an opted-out office holder who is not a member of the Parliament; and
has not become entitled to a pension under the Scheme,
the Parliamentary corporation shall pay into or for the purpose of any one or more than one scheme or annuity to which this article applies a sum or sums representing the transfer value of that person’s accrued pension rights in the Fund.
This article applies to any fund or scheme specified in regulation P1(2).
Where a transfer value has been paid under this article in respect of a person who is an opted-out member or an opted-out office holder and that person subsequently ceases to be a member of the Parliament or an office holder, a transfer value may be paid under article P1 in respect of any pension rights accrued to or in respect of him which are preserved in the Scheme.
Article P1(3) and (4) shall apply for the purposes of this article.