The Judicial Pensions (Implementation of Pension Credits) Regulations 2000
These Regulations are consequential upon the introduction of pension sharing by the Welfare Reform and Pensions Act 1999, and provide for the implementation of pension credits derived from a person’s rights under a judicial pension scheme. The effect is that the transferee is entitled to a pension and a lump sum calculated in such a way that their value, calculated in accordance with regulation 10 of the Pension Sharing (Implementation and Discharge of Liability) Regulations 2000, is equal to the amount of the pension credit.