Non-assignability and freedom from legal process of Fund
22No interest of any person in the Teachers’ Pension Fund is capable of being assigned, charged, anticipated, given as security or surrendered and, for the purposes of this condition,
(a)
assignment does not include assignment pursuant to a decree, order or judgment of a competent tribunal or a written agreement in settlement of rights arising as a consequence of the breakdown of a marriage between a contributor and the contributor’s spouse or former spouse or the breakdown of a common-law partnership between a contributor and the contributor’s common-law partner or former common-law partner nor does it include assignment by the legal representative of a deceased contributor on the distribution of the contributor’s estate, and
(b)
surrender does not include a reduction in benefits to avoid the revocation of the registration of the pension plan provided for in this Act.
Non-assignability and freedom from legal process of Fund
22No interest of any person in the Teachers’ Pension Fund is capable of being assigned, charged, anticipated, given as security or surrendered and, for the purposes of this condition,
(a)
assignment does not include assignment pursuant to a decree, order or judgment of a competent tribunal or a written agreement in settlement of rights arising as a consequence of the breakdown of a marriage between a contributor and the contributor’s spouse or former spouse nor does it include assignment by the legal representative of a deceased contributor on the distribution of the contributor’s estate, and
(b)
surrender does not include a reduction in benefits to avoid the revocation of the registration of the pension plan provided for in this Act.