The Teachers' Superannuation (Scotland) Regulations 2005 No. 393

PART F PENSION SHARING

Pension sharing order activates pension sharing creating pension debits and credits

F2.  On the coming into effect of a pension sharing order–

(a) the transferor’s shareable rights under the Scheme become subject to a debit of the appropriate amount (“pension debit”) as defined in regulation F3; and

(b) the transferee becomes entitled to a credit of that amount (“pension credit”) as against the Scottish Ministers.