{
  "url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-no-2-regulations-2014/regulation-25",
  "json_url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-no-2-regulations-2014/regulation-25.json",
  "legislation": "uksi/2014/2651",
  "legislation_title": "The Teachers' Pensions (Miscellaneous Amendments) (No. 2) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-no-2-regulations-2014",
  "path": "regulation/25",
  "kind": "regulation",
  "number": "25",
  "heading": "Amendments to Schedule 6 (Transfer values), Part 2 (Inward Transfers)",
  "text": "In Schedule 6—\n(a) for paragraphs 11 and 12, substitute—\n“\n11 If Section 3 of Chapter 3 of Part 4 (Transfers on a CUKS basis; transfers in) applies, a person (P) is entitled to count as reckonable service the period of service under a comparable United Kingdom scheme certified by the scheme managers as having stood to P's credit under the scheme when P ceased to be subject to it.\n11A (1) If Section 3 of Chapter 2 of Part 4 (Transfers on a club basis; transfer in) applies, a person (P) is entitled to count as reckonable service the period specified in this paragraph.\n(2) A period specified in this paragraph is determined by the Secretary of State having taken advice from the scheme actuary and by reference to the age and salary of P notified by the scheme manager of the club scheme.\n(3) Any sum representing interest that is included in the transfer value is not to be taken into account.\n12 (1) If Section 3 of Chapter 4 of Part 4 (Transfers on a cash equivalent basis; transfer in) applies, a person (P) is entitled to count as reckonable service the period specified in this paragraph.\n(2) A period specified in this paragraph is determined by the Secretary of State having taken advice from the scheme actuary and by reference to—\n(a) P's age and salary at the date P entered pensionable employment, if a transfer value is received within 12 months of entering pensionable employment;\n(b) P's age and salary at the date a transfer value is received, if the transfer value is received more than 12 months after P enters pensionable employment.\n(3) Any sum representing interest that is included in the transfer value is to be taken into account.”.\n(b) for sub-paragraph (1)(a) of paragraph 13, substitute—\n“(a) the person is subject to a personal pension scheme after ceasing to be in pensionable employment and that pensionable employment was after 31st December 1985.”.\n(c) in paragraph 14, for “36” substitute “ 36A ”.\n(d) in paragraph 15, for “scheme of managers” substitute “ scheme manager ”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/2651/regulation/25",
    "retrieved_at": "2026-10-29T00:00:39.725678+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."
}