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Statutory Instrument

The Teachers' Superannuation (Amendment) (No. 2) Regulations 1989

Citation
S.I. 1989/811
As at
Sections
6
Section 1Citation and commencement and interpretation

(1) These Regulations may be cited as the Teachers' Superannuation (Amendment) (No. 2) Regulations 1989, and shall come into force on 1st June 1989.

(2) In these Regulations “the principal Regulations ” means the Teachers' Superannuation (Consolidation) Regulations 1988 .

Section 2Salary on which contributions are payable

Regulation C1 of the principal Regulations is amended–

(a) in paragraph (1), by substituting for the words “paragraphs (2) to (11)” the words “paragraphs (2) to (12)”; and

(b) by inserting after paragraph (11) the following:–

(12) In the case of a person entering pensionable employment after 31st May 1989 with no right to count any period before 1st June 1989 as reckonable service, in any tax year in which the contributable salary calculated in accordance with paragraphs (1) to (11) exceeds £60,000 the excess does not form part of his contributable salary.

Section 3Additional contributions for current period

Regulation C8(7) of the principal Regulations is amended by substituting for the words “the salary that would have been payable” the words “what his contributable salary would have been”.

Section 4Overriding provision as to guaranteed minimum pensions

Regulation E1(5) of the principal Regulations is amended by deleting the words after “Pensions Act”.

Section 5Revaluation of guaranteed minimum in certain cases

Regulation H5(3) of the principal Regulations is amended by deleting the words ““tax year” means the 12 months beginning with 6th April in any year and”.

Section 6Glossary of expressions

Schedule 1 to the principal Regulations is amended by inserting after the entry relating to the expression “Supervisor” the following:–

6 sections

Cite this legislation

The Teachers' Superannuation (Amendment) (No. 2) Regulations 1989 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-1989-811

Contains public sector information licensed under the Open Government Licence v3.0.

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