# The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005, Regulation 39: Amendment of the Teachers' Superannuation Regulations (Northern Ireland) 1998

Extent: N.I.

After regulation F4 there shall be inserted the following regulation—
“Acceptance of transfer values as part of a bulk transfer
F4A. (1) This regulation applies where, as the result of a transfer of undertakings to a new employer, a person or a group of persons has become employed in pensionable employment and is given the opportunity to transfer past pension service rights, referred to in this regulation as a “bulk transfer”.
(2) Subject to regulation F4(5) and (6), a transfer value may be accepted by the Department in respect of a person who has made a written application within 3 months of the date on which that person was notified of the opportunity to take part in the bulk transfer.
(3) A person in respect of whom a transfer of such rights has been accepted as part of a bulk transfer is entitled to count reckonable service in accordance with the agreed terms of the bulk transfer, the Department having taken advice from the Government Actuary.”.

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Source: https://www.legislation.gov.uk/nisr/2005/495/regulation/39 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-amendment-no-2-regulations-northern-ireland-2005/regulation-39
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.