Regulation 34D Receipt under this SectionF1

(1)

A CUKS transfer value payment may be accepted under this Section in respect of a person (P) to whom this Section applies, if either paragraph (2) or (3) applies.

(2)

(a)

P makes an application for a CUKS transfer value on or before the day on which P reaches the normal pension age, and

(b)

when P's application is received, P is not in receipt of—

(i)

retirement benefits under this scheme,

(ii)

a short-service serious ill-health grant, or

(iii)

a short-service annuity.

(3)

(a)

P makes an application for a CUKS transfer value after the day on which P reaches the normal pension age, and

(b)

P entered pensionable employment—

(i)

immediately after ceasing comparable UK service, and

(ii)

on or before the date on which P reaches the normal pension age.

Annotations

Textual amendments

F1: Pt. 4 substituted (1.4.2015) by The Teachers' Pensions (Miscellaneous Amendments) (No. 2) Regulations 2014 (S.I. 2014/2651), regs. 1, 10