Part II Transfers Out
Judicial Pensions and Retirement Act 1993 (1993 c 8) | Legislation

Part II Transfers Out

Qualifying members

4

(1)     Where the conditions mentioned in sub-paragraph (2) below are satisfied, this Part of this Schedule applies to any person—

(a)     to or in respect of whom benefits are payable under a scheme; and

(b)     whose qualifying service ends after this Schedule comes into force.

(2)     The conditions are that—

(a)     his qualifying service ends at least one year before he reaches normal pension age; and

(b)     on the date on which it ends—

(i)     he has accrued rights to benefit under the scheme; or

(ii)     he would have such rights if his service in qualifying judicial office had also ended on that date.

Qualifying member's right to a transfer payment

5

(1)     When his qualifying service ends, a qualifying member acquires a right to the cash equivalent at the relevant date of any benefits—

(a)     which have accrued to, or in respect of him, under the scheme; or

(b)     where service of his in qualifying judicial office is disregarded service, which would have so accrued if his service in qualifying judicial office had ended on the same date as that on which his qualifying service ended.

(2)

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