Occupational Pension Schemes (Early Leavers: Cash Transfer Sums and Contribution Refunds) Regulations 2006 come into force

Implementation date: 6 April 2006

The Regulations make provision for a member who leaves after three months pensionable service in an occupational pension scheme to be entitled to a cash transfer sum that might be used to acquire rights under another occupational pension scheme or personal pension scheme or to a refund of his or her employee contributions. The Regulations can be viewed on the OPSI website.