Legislation – The Teachers’ Pension Scheme (Remediable Service) Regulations 2023
Changes to legislation:
There are currently no known outstanding effects for The Teachers’ Pension Scheme (Remediable Service) Regulations 2023, Section 57.
Changes to Legislation
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PART 6Transfers
CHAPTER 5Treatment of rights secured by virtue of a remediable value
Transferred in remediable rights treated as being in the legacy scheme57.
(1)
Where M’s transferred in remediable rights would, apart from this regulation, be rights to benefits under the reformed scheme, the rights—
(a)
are not, and are treated as never having been, rights under the reformed scheme, and
(b)
are treated as being, and as always having been, rights under M’s legacy scheme.
(2)
Paragraph (1) has effect—
(a)
for the purposes of determining which teacher pension scheme is (or at any time was) required to pay benefits to or in respect of M’s transferred remediable rights, and
(b)
subject to regulation 58, for all other purposes.