The National Health Service Pension Schemes (Remediable Service) Regulations 2023
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Change 1
52 Remediable club transfer value payments accepted on or after 1st October 2023
(1) This regulation applies in relation to a member (“M”) in respect of whom the scheme manager has accepted a remediable club transfer value payment on or after 1st October 2023. (2) Where this regulation applies, the scheme manager must determine M’s remediable benefits as if the remediable club transfer value payments were applied in respect of rights secured in— (a) the 1995 Section or the 2008 Section (whichever is relevant); (b) the 2015 scheme.
52 Remediable club transfer value payments accepted on or after 1st October 2023
(1) This regulation applies in relation to a member (“M”) in respect of whom the scheme manager has accepted a remediable club transfer value payment on or after 1st October 2023. (2) Where this regulation applies, the scheme manager must determine M’s remediable benefits as if the remediable club transfer value payments were applied in respect of rights secured in— (a) the 1995 Section or the 2008 Section (whichever is relevant); (b) the 2015 scheme.
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