Regulation 65 Deferred member's account closed after service under another public service scheme

England and Wales

(1)

This regulation applies if—

(a)

a deferred member (P) re-enters pensionable service under this scheme after a gap in service of more than 5 years;

(b)

the gap in service included a period of service under another public service scheme; and

(c)

the period in which P was not in any service was F15 years or less.

(2)

When P re-enters pensionable service under this scheme—

(a)

the deferred member's account must be closed; and

(b)

the active member's account must be re-established.

(3)

For the financial year in which the active member's account is re-established, the opening balance for each description of pension must be equal to the amount of accrued pension specified in the deferred member's account in relation to that description of pension as at the end of the gap in service.

Annotations

Textual amendments

F1: Words in reg. 65(1)(c) substituted (1.4.2015) by The Teachers Pension Scheme (Amendment) Regulations 2015 (S.I. 2015/592), regs. 1, 3