# The Teachers’ Pension Scheme (Remediable Service) Regulations 2023, Regulation 47: Transfers in before 1st October 2023

Extent: E+W

(1) This regulation applies in relation to each payment of a remediable transfer value in respect of a member (“M”) which was accepted by the scheme manager before 1st October 2023.
(2) The scheme manager, having consulted the scheme actuary, must determine the amount of pension M is entitled to count if the remediable transfer value together with any payment accepted under paragraph (3) were applied in respect of rights in—
(a) M’s legacy scheme;
(b) the reformed scheme.
(3) Where the sending scheme was a reformed public service pension scheme, the scheme manager may accept a payment—
(a) in respect of the remediable rights to which the remediable transfer value relates, and
(b) which is made by the sending scheme pursuant to, or to provision made under, PSPJOA 2022.
(4) A payment accepted under paragraph (3) is to be used for the purpose of determining the amount of pension M is entitled to count under a teacher pension scheme on the same terms as the remediable transfer value.

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Source: https://www.legislation.gov.uk/uksi/2023/871/regulation/47 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-remediable-service-regulations-2023/regulation-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.