The Public Service (Civil Servants and Others) Pensions Regulations 2014
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Change 1
149 Interpretation of Chapter
In this Chapter— “accrued rights” does not include rights accrued under the Civil Service Additional Voluntary Contribution Scheme if the scheme manager considers that the amount to which the member is entitled under that Scheme is sufficient for the purchase of an annuity for the member; “another pension scheme” means— another occupational pension scheme that is a registered pension scheme but is not a connected scheme; a personal pension scheme; or the Civil Service Additional Voluntary Contribution Scheme; “Civil Service Additional Voluntary Contribution Scheme” means the scheme which was made on21stDecember 1988 under section 1 (persons employed in the civil service etc.) of SA 1972 and which came into force on 1stJanuary 1989, as amended from time to time; “club transfer value statement” means a statement under regulation 153 of the amount of club transfer earned pension; “transfer date” means the earlier of— if the scheme manager has provided a transfer statement or a club transfer value statement, the last day of the period of 2 months beginning with the date of the statement; or the day on which the transfer payment is received by the scheme manager; “transfer payment request” means a request to the scheme manager under this Chapter that a transfer payment be accepted from another pension scheme; “transfer statement” means a statement under regulation 151(2).
149 Interpretation of Chapter
In this Chapter— “accrued rights” does not include rights accrued under the Civil Service Additional Voluntary Contribution Scheme if the scheme manager considers that the amount to which the member is entitled under that Scheme is sufficient for the purchase of an annuity for the member; “another pension scheme” means— another occupational pension scheme that is a registered pension scheme but is not a connected scheme; a personal pension scheme; or the Civil Service Additional Voluntary Contribution Scheme; “Civil Service Additional Voluntary Contribution Scheme” means the scheme which was made on21stDecember 1988 under section 1 (persons employed in the civil service etc.) of SA 1972 and which came into force on 1stJanuary 1989, as amended from time to time; “club transfer value statement” means a statement under regulation 153 of the amount of club transfer earned pension; “transfer date” means the earlier of— if the scheme manager has provided a transfer statement or a club transfer value statement, the last day of the period of 2 months beginning with the date of the statement; or the day on which the transfer payment is received by the scheme manager; “transfer payment request” means a request to the scheme manager under this Chapter that a transfer payment be accepted from another pension scheme; “transfer statement” means a statement under regulation 151(2).
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