Enables you to enter details of pension rights accrued prior to 6 April 1997, which are being transferred.

Transfer Amount

Pre 06/04/1997 Transfer Amount

Enter the transfer value of the pension benefits accruing from the period before 6 April 1997. This forms part of the value displayed in the Total Transfer Amount field in Transfer In Detail.

Additional Dets.

Additional Pension

Enter the amount of additional pension the transfer has provided.

Additional Service

Enter any service granted in lieu of the transfer value. The entry must be in the service format set for the scheme receiving the transfer.

Additional Lump Sum

Enter any lump sum the transfer has provided.

Accrual Rates

Accrual rates are used to calculate pension benefits for the additional service, if different from the scheme basis. For example, if the accrual rate is one-sixtieth, enter 60, or if a percentage, enter 0.6 (= 60%). If it is one-fortieth, enter 40, or if a percentage, enter 0.4 (= 40%).

Leave this field empty to use the default accrual rate set up against the pension scheme into which the member is transferring.

Details

Spouse’s Pension

Enter the value of the spouse’s transfer-in pension accrued before 6 April 1997, if applicable.

Qualifying Service

Enter any qualifying service granted from the transfer of the scheme.

Dependants Pension

Enter the value of any dependant’s transfer-in pension accrued before 6 April 1997, if applicable.

Transfer Schemes FPS

Enter the value of the final pensionable salary (FPS) applicable to the transfer-in service before 6 April 1997, if applicable.

EPB Amount

Enter the equivalent pension benefit (EPB) amount for the transfer.

Contract Hours

Enter the contracted hours worked by the member at the previous organisation. Pension benefit calculations are based on full-time hours. Consequently the pension transfer value may need to be adjusted if the member worked less than the full-time hours.

FTE Hours

If the member worked less than the full-time hours in their previous employment, enter the full-time equivalent hours.

Buttons

GMP/Prot

Click this button to display GMP Detail For Transfer In, where you can enter the guaranteed minimum pension (GMP) details of the previous scheme.

Scheme Cont.

Click this button to display Scheme Contributions For Transfer In, where you can enter details of contributions paid into the previous scheme.

National Insurance History

Click this button to display Transferred In National Insurance History, where you can enter details of the member’s National Insurance contributions paid into the previous scheme.

User Fields

Click this button to display Simple User-Defined Field Data if user-defined fields have been set up by your system administrator. These are extra fields used to record additional information that are specific to your organisation.

Notes

Click this button to display Maintain Note Detail, where you can enter any notes or comments you want to record.

MD606G31