http://www.legislation.gov.uk/id/ukpga/1993/48

http://www.legislation.gov.uk/ukpga/1993/48/section/94

Pension Schemes Act 1993

An Act to consolidate certain enactments relating to pension schemes with amendments to give effect to recommendations of the Law Commission and the Scottish Law Commission.

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Statute Law Database

2024-05-17

Expert Participation

2024-04-08

Pension Schemes Act 1993

s. 71(1A)

Pension Schemes Act 2015

s. 39(2)(b)

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 82A

Pension Schemes Act 2015

Sch. 1

para. 2

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 83(1A)-(1AC)

Pension Schemes Act 2015

Sch. 1

para. 3

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 84-84F

Pension Schemes Act 2015

Sch. 1

para. 4

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 85A

Pension Schemes Act 2015

Sch. 1

para. 5

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 86A

86B

Pension Schemes Act 2015

Sch. 1

para. 6

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 113(4)

(4A)

Pension Schemes Act 2015

s. 38(5)

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 186(3)(ba)

Pension Schemes Act 2015

Sch. 1

para. 7

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

Sch. 3 para. A1 and cross-heading

Pension Schemes Act 2015

Sch. 1

para. 8

s. 87

s. 89(4)(a)

Pension Schemes Act 1993

s. 145(1A)-(1C)

Pensions Act 2004

Sch. 12

para. 23

s. 322(1)

Pension Schemes Act 1993

s. 146(6A)

Pensions Act 2004

Sch. 12

para. 24(b)

s. 322(1)

Pension Schemes Act 1993

s. 94(2A)(a)(viii)

Pensions Act 2014

Sch. 17

para. 20(2)(a)

s. 56(1)

Pension Schemes Act 1993

s. 94(2A)(b)(vi)

Pensions Act 2014

Sch. 17

para. 20(2)(b)

s. 56(1)

Pension Schemes Act 1993

s. 101AI(8)(a)(viii)

Pensions Act 2014

Sch. 17

para. 20(3)(a)

s. 56(1)

Pension Schemes Act 1993

s. 101AI(8)(b)(vi)

Pensions Act 2014

Sch. 17

para. 20(3)(b)

s. 56(1)

Pension Schemes Act 1993

s. 46(1A)

Pensions Act 2011

Sch. 3

para. 10

s. 38(4)

Pension Schemes Act 1993

s. 46(1A)

(1B)

Pensions Act 2008

s. 103(2)

s. 149(1)

Pension Schemes Act 1993

s. 175A

Pensions Act 2008

Sch. 10

para. 1

s. 149(1)

Pension Schemes Act 1993

s. 186(3)(za)

Pensions Act 2008

s. 103(5)

s. 149(1)

Pension Schemes Act 1993

s. 185(2)(ca)

Financial Guidance and Claims Act 2018

s. 19(5)

s. 37(5)

F4F2Part 4ZATransfers and contribution refunds

Annotations:

Amendments (Textual)

Pt. 4ZA formed from Pt. 4 Chs. 4, 5 (6.4.2015) by Pension Schemes Act 2015 (c. 8), s. 89(3)(b), Sch. 4 para. 4(1)

Pt. 4ZA heading inserted (6.4.2015) by Pension Schemes Act 2015 (c. 8), s. 89(3)(b), Sch. 4 para. 4(2)(a) (with s. 87)

C1 C15 C9 C6 C4 C14 C5 C8 C13 C11 C12 C10 C7 C16 C17 C18 C19F3Chapter 1Transfer rights: general

Annotations:

Amendments (Textual)

Pt. 4ZA Ch. 1 heading substituted (6.4.2015) by Pension Schemes Act 2015 (c. 8), s. 89(3)(b), Sch. 4 para. 4(2)(b) (with s. 87)

Modifications etc. (not altering text)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) applied (31.5.1994) by The Railway Pensions (Protection and Designation of Schemes) Order 1994 (S.I. 1994/1432), arts. 1(1), 6(4)

C15

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The National Health Service Pension Scheme (Consequential Provisions) Regulations 2015 (S.I. 2015/432), regs. 1(2), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Police Pensions (Consequential Provisions) (Scotland) Regulations 2015 (S.S.I. 2015/118), regs. 1(3), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Police Pensions (Consequential Provisions) Regulations 2015 (S.I. 2015/370), regs. 1(2), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Judicial Pensions Regulations 2015 (S.I. 2015/182), reg. 1(4), Sch. 3 para. 9 (with regs. 148, 160, Sch. 3 para. 3)

C14

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Teachers’ Pension Scheme (Consequential Provisions) (Scotland) Regulations 2015 (S.S.I. 2015/146), regs. 1(2), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Armed Forces Pension (Consequential Provisions) Regulations 2015 (S.I. 2015/390), regs. 1(2), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (S.) (1.4.2015) by The Firefighters’ Pension Scheme (Consequential Provisions) (Scotland) Regulations 2015 (S.S.I. 2015/117), regs. 1(3), 11 (with reg. 5)

C13

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The National Health Service Pension Scheme (Consequential Provisions) (Scotland) Regulations 2015 (S.S.I. 2015/145), regs. 1(2), 11 (with reg. 5)

C11

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Teachers’ Pension Scheme (Consequential Provisions) Regulations 2015 (S.I. 2015/436), regs. 1(2), 11 (with reg. 5)

C12

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Firefighters’ Pension Scheme (Wales) (Consequential Provisions) Regulations 2015 (S.I. 2015/848), regs. 1(2), 11 (with reg. 5)

C10

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Public Service (Civil Servants and Others) Pensions (Consequential and Amendment) Regulations 2015 (S.I. 2015/372), regs. 1(2), 11 (with reg. 5)

Pt. 4ZA Ch. 1 (originally Pt. IV Ch. IV) modified (1.4.2015) by The Firefighters’ Pension Scheme (England) (Consequential Provisions) Regulations 2015 (S.I. 2015/319), regs. 1(2), 11 (with reg. 5)

C16

Pt. 4ZA Ch. 1 excluded (1.4.2017) by The Judicial Pensions (Fee-Paid Judges) Regulations 2017 (S.I. 2017/522), regs. 1, 71

C17

Pt. 4ZA Ch. 1: power to modify conferred (5.9.2018 for specified purposes, 1.10.2018 in so far as not already in force) by Pension Schemes Act 2017 (c. 17), s. 44(2), Sch. 1 para. 1(6)(a); S.I. 2018/965, reg. 2(a)(b)

C18

Pt. 4ZA Ch. 1: power to modify conferred (11.2.2021 for specified purposes, 1.8.2022 in so far as not already in force) by Pension Schemes Act 2021 (c. 1), s. 131(1)(3)(a), Sch. 2 para. 1(6)(a); S.I. 2022/721, regs. 1(2), 3(a)

C19

Pt. 4ZA Ch. 1 excluded by The Occupational Pension Schemes (Transfer Values) Regulations 1996 (S.I. 1996/1847), reg. 2A (as inserted (1.8.2022) by S.I. 2022/337, regs. 1(3), 3(3))

C2 C394F1 Right to cash equivalent.

1

A member of a pension scheme who has received a statement of entitlement under section 93A acquires a right to take the cash equivalent shown in that statement in accordance with this Chapter.

2

A member of a pension scheme who has transferrable rights in relation to money purchase benefits acquires a right to take their cash equivalent in accordance with this Chapter.

F4F2Part 4ZATransfers and contribution refunds

C1C15C9C6C4C14C5C8C13C11C12C10C7C16C17C18C19F3Chapter 1Transfer rights: general

C2C394F1 Right to cash equivalent.

1

2

C1 C15 C9 C6 C4 C14 C5 C8 C13 C11 C12 C10 C7 C16 C17 C18 C19F3Chapter 1Transfer rights: general

C2 C394F1 Right to cash equivalent.