The local government pension scheme (England and Wales): calculation of transfer share for probation service transfers
Calculation of the transfer share when the administering authority changes in connection with probation service arrangements.
Applies to England and Wales
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This is the actuarial guidance needed to support the local government pension scheme transfers resulting from the Local Government Pension Scheme (Offender Management) (Amendment) Regulations 2014.
The guidance applies from 1 June 2014.