The Public Service Pensions (Employer Cost Cap and Specified Restricted Scheme) Regulations 2022

• Citation: S.I. 2022/787
• Sections: 4

Section 1 Citation and commencement

These Regulations may be cited as the Public Service Pensions (Employer Cost Cap and Specified Restricted Scheme) Regulations 2022 and come into force on 3rd August 2022.

Section 2 Interpretation

In these Regulations, the “ New Judicial Pension Scheme 2015 ” means the career average revalued earnings scheme established as a defined benefits scheme for the payment of pensions and other benefits to or in respect of the judiciary by the Judicial Pensions Regulations 2015 .

Section 3 Amendment of the Public Service Pensions (Employer Cost Cap) Regulations 2014

(1) The Public Service Pensions (Employer Cost Cap) Regulations 2014 are amended as follows.

(2) In regulation 3 (specified margins)—

(a) in paragraph (a), for “2” substitute “3” , and

(b) in paragraph (b), for “2” substitute “3” .

Section 4 Specified restricted scheme

For the purposes of section 12A of the Public Service Pensions Act 2013 (restricted schemes), the New Judicial Pension Scheme 2015 is a specified restricted scheme.