The Pensions Increase (Teachers) Regulations 1974

• Citation: S.I. 1974/813
• Sections: 5

Section 1 Citation, commencement and interpretation

(1) These regulations may be cited as the Pensions Increase (Teachers) Regulations 1974 and shall come into operation on 7th June 1974.

(2) In these regulations—

“ the Act ” means the Pensions (Increase) Act 1974 ;

“ Wellington College ” means the independent school of that name at Crowthorne in Berkshire ;

other expressions have the meanings assigned to them by the Teachers' Superannuation Regulations 1967 to 1974.

(3) The Interpretation Act 1889 shall apply for the interpretation of these regulations as it applies for the interpretation of an Act of Parliament.

Section 2 Prescription of Regulations

There are hereby prescribed for the purposes of section 1(1) of the Act pensions payable under regulations made or deemed to be made under section 9 of the Superannuation Act 1972 in its application to England and Wales (“prescribed pensions”).

Section 3 Application of section 1(2)(a) of the Act

Pensions payable to or in respect of a teacher in respect of reckonable service ending with such service in Wellington College are pensions as respects which, in the opinion of the Secretary of State, increases in the emoluments relevant for the purpose of calculating the pensions were deferred during the period beginning with 6th November 1972 and ending with 31st March 1973 in consequence of provisions of the Counter-Inflation (Temporary Provisions) Act 1972.

Section 4 The relevant date

The date on which, in the opinion of the Secretary of State, the emoluments relevant for the purpose of calculating any prescribed pension expect the pensions to which Regulation 3 above applies are expected to be increased by the principal pay increase expected to be made, during the year ending with 6th November 1974, in accordance with the code in force under section 2 of the Counter-Inflation Act 1973 at the time of the increase is 1st April 1974.

Section 5 Amendment of the Act

The Act shall have effect in relation to any pension calculated by reference to service in an admitted school with the substitution for any percentage prescribed by the schedule to the Act of the fraction of that percentage of which the numerator is 1 and the denominator is the number of years of such service of the teacher in question.