Legislation – The Public Service (Civil Servants and Others) Pensions (Remediable Service) Regulations (Northern Ireland) 2023
Changes to legislation:
There are currently no known outstanding effects for The Public Service (Civil Servants and Others) Pensions (Remediable Service) Regulations (Northern Ireland) 2023, Section 48.
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PART 6Transfers
CHAPTER 4Treatment of rights secured by virtue of a remediable value
Application and interpretation of Chapter 4
48.
(1)
This Chapter applies in relation to the following accepted by the scheme manager in respect of a member (“M”)—
(a)
a remediable transfer value, together with any payment accepted under regulation 39(3);
(b)
a remediable club transfer value, together with any adjustment accepted under regulation 43(2).
(2)
In this Chapter, “transferred in remediable rights” means M’s remediable rights in a civil service scheme secured by virtue of a remediable value accepted by the scheme manager together with any payment or, as the case may be, adjustment under regulation 39(3) or 43(2).