# The Teachers' Pensions Regulations 2010, Regulation 31: Application of Part


(1) This Part does not affect a person's entitlement to a cash equivalent conferred by or under Chapter 4 of Part 4 of PSA 1993.
(2) A transfer value in respect of any pension credit rights or pension credit benefits is not to be paid or accepted under this Part.
(3) A transfer value in respect of a person (P) is not to be accepted under this Part if the previous scheme was a money purchase arrangement as defined in section 152 of FA 2004—
(a) to which P's employer was not a contributor, and
(b) which provided benefits additional to those provided by a scheme to which P was a contributor.
(4) Under this Part a transfer value may not be paid in respect of P's phased retirement benefits in payment, only in respect of P's other benefits.
(5) A transfer value may be paid or accepted under this Part, in respect of P, to the extent that paragraphs (6) or (7) apply to the transfer value.
(6) A transfer value referable to P's NPA 65 reckonable service may be paid or accepted if—
(a) P is a person with mixed service, and
(b) P's NPA 60 reckonable service has come into payment.
(7) A transfer value referable to P's further employment may be paid if—
(a) retirement benefits, a short-service serious ill-health grant or a short-service annuity have not come into payment in respect of that further employment, and
(b) retirement benefits, a short-service serious ill-health grant or a short-service annuity have come into payment in respect of the previous employment.

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Source: https://www.legislation.gov.uk/uksi/2010/990/regulation/31 (the official version)
Page: https://openlegislation.uk/teachers-pensions-regulations-2010/regulation-31
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.