SCHEDULE 1THE NEW FIREFIGHTERS' PENSION SCHEME (WALES)

PART 12TRANSFERS INTO AND OUT OF THE SCHEME

CHAPTER 3TRANSFERS INTO THE SCHEME

Applications for acceptance of transfer value payment from another scheme8

1

Subject to the provisions of this Part, a firefighter member may apply for a transfer value payment in respect of some or all of the rights that have accrued to or in respect of that member under—

a

another occupational pension scheme registered under Chapter 2 of Part 4 of the Finance Act 2004,

b

an arrangement that is a qualifying recognised overseas pension scheme for the purposes of that Part38, or

c

a personal pension scheme,

to be accepted by the authority for the purposes of this Scheme.

2

Paragraph (1) does not apply to rights that are directly referable to a pension credit.

3

Paragraph (1) does not apply if the member is on unpaid leave that does not count as pensionable service.