23.—(1) A person (P) opts out of this scheme in relation to service in a scheme employment if—
(a)P opts not to be an active member of this scheme in relation to that service; or
(b)P [F1opts to join] a partnership pension account in relation to that service.
(2) P may only exercise the option under paragraph (1)(a) [F2or (b)] by notice to the scheme manager in a form required by the scheme manager (“opt-out notice”).
(3) The option is taken to be exercised on the date on which the opt-out notice is received by the scheme manager.
(4) If P is subject to a transfer in relation to that service as a result of which P would be eligible to be (or continue to be eligible to be) a member of the scheme as a Fair Deal eligible person, the option ceases to have effect on the Fair Deal transfer date.
Textual Amendments
F1Words in reg. 23(1)(b) substituted (with effect in accordance with of the amending Rule) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations (Northern Ireland) 2022 (S.R. 2022/67), regs. 1(2), 11(a)
F2Words in reg. 23(2) inserted (with effect in accordance with of the amending Rule) by The Public Service (Civil Servants and Others) Pensions (Amendment) Regulations (Northern Ireland) 2022 (S.R. 2022/67), regs. 1(2), 11(b)
Commencement Information