The Armed Forces Pension Regulations 2014
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Change 1
109 Amount of transferred pension
(1) This regulation applies in relation to— (a) Any transfer payment received in relation to a member from another pension scheme that is not a club scheme; and (b) Any transfer payment in respect of added pension received in relation to a member from another club scheme. (2) For the scheme year in which the transfer date falls, the amount of transferred pension a member is entitled to count in respect of the transfer payment is— (a) the amount specified in the transfer statement; or (b) if such a statement is not provided, an amount calculated by the scheme manager in accordance with actuarial guidance and tables by reference to any factors as at the transfer date that the scheme manager, after consultation with the scheme actuary, considers should apply.
109 Amount of transferred pension
(1) This regulation applies in relation to— (a) Any transfer payment received in relation to a member from another pension scheme that is not a club scheme; and (b) Any transfer payment in respect of added pension received in relation to a member from another club scheme. (2) For the scheme year in which the transfer date falls, the amount of transferred pension a member is entitled to count in respect of the transfer payment is— (a) the amount specified in the transfer statement; or (b) if such a statement is not provided, an amount calculated by the scheme manager in accordance with actuarial guidance and tables by reference to any factors as at the transfer date that the scheme manager, after consultation with the scheme actuary, considers should apply.
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