A member may request that a transfer payment be accepted from another pension scheme. The request must be made no later than one year before the member reaches normal pension age. A request for a transfer payment from a non-occupational pension scheme must also be made within one year of joining, or such other period as the scheme manager may allow.

The responsible authority has confirmed that a transfer from another fire authority in England, Scotland or Northern Ireland should be treated as a Club transfer where the Club conditions are met otherwise the transfer should be treated as a non-Club transfer.

Non-Club transfers received by the Scheme will be applied to provide an amount of transferred pension credit of the same form as earned pension. The transferred pension credit will be added to the active member's account in accordance with scheme regulations. Non-Club transferred pension will be revalued in line with ordinary earned pension.

The formula for calculating a non-Club transferred pension credit is given below.

The factors should be selected according to the member's age last birthday.

Transferred pension = CETV / (F^P_x + 0.5 x F^S_x)

where:

CETV = non-Club transfer payment received.

F^P_x = member's pension factor for a member aged x last birthday at the relevant date, taken from the tables NM60 or NF60 (factors are unisex)

F^S_x = partner's pension factor for a member aged x last birthday at the relevant date, taken from the tables NM60 or NF60 (factors are unisex).