{
  "url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/regulation-168",
  "json_url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/regulation-168.json",
  "legislation": "uksi/2014/512",
  "legislation_title": "The Teachers' Pension Scheme Regulations 2014",
  "legislation_url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014",
  "path": "regulation/168",
  "kind": "regulation",
  "number": "168",
  "heading": "Conversion of part of pension",
  "text": "(1) The following members may apply to the scheme manager to receive a lump sum in place of part of a pension—\n(a) a member who is entitled to payment of a retirement pension;\n(b) a pension credit member who is entitled to payment of a pension credit retirement pension.\n(2) Paragraph (1)(b) only applies if—\n(a) the member's pension credit is derived from rights attributable to the pensionable service of a pension debit member; and\n(b) a retirement pension does not become payable to the pension debit member before the day on which a pension-sharing order takes effect in respect of that pensionable service.\n(3) An application under this regulation must—\n(a) be in writing;\n(b) be made when the member applies under regulation 162 for payment of the pension; and\n(c) specify—\n(i) the amount of the lump sum which the member wishes to receive; or\n(ii) the conversion amount.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/512/regulation/168",
    "retrieved_at": "2026-10-29T00:24:37.807691+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}