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The National Health Service (Superannuation Scheme, Pension Scheme and Injury Benefits) (Scotland) Amendment Regulations 2009
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- Scottish Statutory Instruments
- 2009 No. 19
- PART 2
- Regulation 39
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Amendment of regulation 2.F.6
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39. For regulation 2.F.6(1) and (2) (calculating amounts of transfer value payments) substitute–
“(1) Subject to paragraphs (2), (3) and (5), the amount of the guaranteed cash equivalent transfer value payment is to be calculated and verified by the Scottish Ministers in accordance with the Occupational Pension Schemes (Transfer Values) Regulations 1996(1).
(2) Before determining the factors to be used in the calculation of the member’s guaranteed cash equivalent transfer value payment, the Scottish Ministers must take advice from the scheme actuary.”.
(1)
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