Paragraph 16 Fair Deal members

England and Wales

(1)

This paragraph applies if sub-paragraphs (2) and (3) apply.

(2)

This sub-paragraph applies if—

(a)

on or before the scheme closing date—

(i)

P was an active member of the existing scheme;

(ii)

P's employment was transferred to an employer not mentioned in Parts 2, 3 or 4 of Schedule 1;

(iii)

as a result of that transfer, P ceased to be in pensionable service under the existing scheme; and

(iv)

P's employment is subject to existing Fair Deal arrangements.

(b)

after the scheme closing date—

(i)

P is subject to a Fair Deal transfer; and

(ii)

P is not a member of another pension scheme to which P's employer pays contributions in respect of P.

(3)

This sub-paragraph applies if—

(a)

on 31^st March 2012 and on the scheme closing date, P was an active member of the existing scheme or a pension scheme access to which was given under existing Fair Deal arrangements; and

(b)

unless P dies, P would reach normal pension age under the existing scheme between 2^nd April 2022 and F130th September 2025 (inclusive).

Annotations

Textual amendments

F1: Words in Sch. 3 para. 16(3)(b) substituted (1.4.2015) by The Teachers Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/2652), regs. 1, 34