The National Health Service Pension Schemes (Remediable Service) Regulations 2023
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Change 1
As published
29 Pension debits: deferred choice election for 2015 scheme benefits: deferred choice members
(1) This regulation applies to a corresponding pension debit member (“DM”) where—
(a) DM is a deferred choice member who has remediable service under the legacy scheme that is pensionable service under that scheme whether or not by virtue of section 2(1) of PSPJOA 2022;
(b) under regulation 12, DM or, where DM has died after the transfer day, the designated person makes a deferred choice election for 2015 scheme benefits or such an election is treated by the scheme manager as having been made in accordance with regulation 12(6); and
(c) DM is subject to—
(i) an adjustment to a debit of equivalent value to a debit of the appropriate amount that DM would have had under the legacy scheme on the transfer day under regulation 26(2);
(ii) a debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights at or before the operative time; or
(iii) a debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights after the operative time.
(2) Where this regulation applies, the scheme manager must adjust all DM’s debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights to an equivalent value to the debit of the appropriate amount that DM would have had under the 2015 scheme on the transfer day.
(3) Paragraph (2) has effect—
(a) where paragraph (1)(c)(i) or (ii) applies, at the operative time;
(b) where paragraph (1)(c)(iii) applies, immediately after DM is subject to a debit of the appropriate amount in respect of remediable service shareable rights; or
(c) on such later date as the scheme manager considers reasonable in all the circumstances of the case.
(4) Where paragraph (1)(c)(ii) applies, the scheme manager must send a notice in writing to DM or, as the case may be, the designated person specifying the equivalent debit of the appropriate amount, in respect of remediable service shareable rights, under the legacy scheme that DM would have had under the 2015 scheme on the transfer day.
(5) The scheme manager must send the notice mentioned in paragraph (4) within one month beginning with the day after paragraph (2) has effect in accordance with paragraph (3)(b) or (c).
Your change, as a redline
29 Pension debits: deferred choice election for 2015 scheme benefits: deferred choice members
(1) This regulation applies to a corresponding pension debit member (“DM”) where—
(a) DM is a deferred choice member who has remediable service under the legacy scheme that is pensionable service under that scheme whether or not by virtue of section 2(1) of PSPJOA 2022;
(b) under regulation 12, DM or, where DM has died after the transfer day, the designated person makes a deferred choice election for 2015 scheme benefits or such an election is treated by the scheme manager as having been made in accordance with regulation 12(6); and
(c) DM is subject to—
(i) an adjustment to a debit of equivalent value to a debit of the appropriate amount that DM would have had under the legacy scheme on the transfer day under regulation 26(2);
(ii) a debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights at or before the operative time; or
(iii) a debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights after the operative time.
(2) Where this regulation applies, the scheme manager must adjust all DM’s debit of the appropriate amount under the legacy scheme in respect of remediable service shareable rights to an equivalent value to the debit of the appropriate amount that DM would have had under the 2015 scheme on the transfer day.
(3) Paragraph (2) has effect—
(a) where paragraph (1)(c)(i) or (ii) applies, at the operative time;
(b) where paragraph (1)(c)(iii) applies, immediately after DM is subject to a debit of the appropriate amount in respect of remediable service shareable rights; or
(c) on such later date as the scheme manager considers reasonable in all the circumstances of the case.
(4) Where paragraph (1)(c)(ii) applies, the scheme manager must send a notice in writing to DM or, as the case may be, the designated person specifying the equivalent debit of the appropriate amount, in respect of remediable service shareable rights, under the legacy scheme that DM would have had under the 2015 scheme on the transfer day.
(5) The scheme manager must send the notice mentioned in paragraph (4) within one month beginning with the day after paragraph (2) has effect in accordance with paragraph (3)(b) or (c).
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