Transfer of benefit to another scheme or fund
120 Transfer of benefit to another scheme or fund
A GESB Super Member who is entitled to —
payment of a benefit; or
a preserved GESB withdrawal benefit,
may request the Board to transfer the benefit or payment, and earnings, to another scheme, to another superannuation fund or, subject to and in accordance with the SIS Regulations Part 12A, to a Kiwisaver scheme and the Board is to comply with that request.
A GESB Super Member may request the Board to transfer the member’s benefit to a superannuation fund that is not a scheme or, subject to and in accordance with the SIS Regulations Part 12A, to a Kiwisaver scheme and the Board is to comply with that request.
[Regulation 120 inserted: Gazette 13 Apr 2007 p. 1656; amended: Gazette 17 Jan 2012 p. 472‑3; 10 Jan 2017 p. 153.]
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