Regulation 206 Application for acceptance of a club transfer valueI1

Scotland

(1)

A person (P) may apply for payment of a club transfer value to be accepted from another club scheme.

(2)

The application must—

C1(a)

be made within 12 months after the day on which P enters pensionable service under this scheme;

(b)

be by written notice to the scheme manager;

(c)

specify the pension scheme from which the club transfer value is to be received; and

(d)

meet any other conditions the scheme manager requires.

Annotations

C1: Reg. 206(2)(a) applied (with modifications) (1.10.2023) by The Teachers’ Pensions (Remediable Service) (Scotland) Regulations 2023 (S.S.I. 2023/241), regs. 1(b), 55