These Regulations may be cited as the Teachers’ Pensions (Amendment) Regulations 2013 and come into force on 1st April 2013.
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The Teachers’ Pensions (Amendment) Regulations 2013
The Teachers’ Pensions Regulations 2010 are amended in accordance with regulations 3 to 6.
In regulation 18 (Teachers’ ordinary contributions) for “paragraphs 2 and 3” substitute “paragraph 2”.
Omit regulation 128 (actuarial review).
(1) Schedule 3 (employees’ and employers’ contributions) is amended in accordance with paragraphs (2) and (3).
(2) Omit paragraph 1;
(3) In paragraph 2—
(a) in sub-paragraph (1) omit “unless paragraph 3 applies”;
(b) in sub-paragraph (2) —
(i) omit the words “for the initial contribution period”;
(ii) for the table substitute—
Table
Annual contributable salary
Rate
(c) omit sub-paragraph (3);
(d) omit paragraph 3;
(e) in paragraph 4—
(i) in sub-paragraph (2) omit “for the initial contribution period”; and
(ii) omit sub-paragraphs (3) to (8);
(f) omit paragraph 5.
(1) Schedule 13 (savings and transitional provisions) is amended in accordance with paragraphs (2) and (3).
(2) In sub-paragraph (2)(a) of paragraph 11 (contributions for current period: elections made under regulation C9 of the 1997 Regulations), after the words “there were substituted” substitute—
(b) the percentage is the aggregate of the rates of contributions set out in paragraph 2 (employees’ contributions) and paragraph 4 (employers’ contributions) of Schedule 3 to the Teachers’ Pensions Regulations 2010.
(3) Omit paragraph 24 (actuarial review).
(1) The obligation under regulation G4(1) of the Teachers’ Pensions Regulations 1997 is to be taken as never having applied in relation to the account prepared under regulation G1 of those Regulations as at 31 March 2008.
(2) Any obligation to which a person was subject under regulation 128 immediately before the commencement of the revocation made by regulation 4 is to be treated as having never been incurred.
Cite this legislation
The Teachers’ Pensions (Amendment) Regulations 2013 (legislation.gov.uk, OGL v3.0). Retrieved via LawPlayer, https://lawplayer.com/uk/act/uksi-2013-275
Contains public sector information licensed under the Open Government Licence v3.0.
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