You may request to transfer the value of your deferred pension to another registered pension scheme.
The value of your deferred pension - the cash equivalent transfer value (CETV) - is calculated as the amount which needs to be invested in order to provide your future pension. It takes account of the number of years before retirement and financial conditions at the date of payment of the CETV.
You have the right, each year, to ask for the value of your current pension entitlement under the Scheme, i.e. the CETV, free of charge. Additional requests for a CETV quotation within the same the 12-month period will be chargeable.