The Public Service (Civil Servants and Others) Pensions (Remediable Service) Regulations 2023
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
21 Information provided before 1st October 2023: recalculating D’s reduction of benefit
(1) This regulation applies where D’s remediable relevant benefits have been reduced by an initial reduction amount. (2) The scheme manager must determine the alternative reduction amount or, where the relevant pension sharing relates to mixed service, the alternative reduction amounts in relation to D’s remediable relevant benefits— (a) as soon as reasonably practicable after 30th September 2023, and (b) having consulted the scheme actuary. (3) Where the relevant pension sharing order does not relate to mixed service, the “alternative reduction amount” is such amount as the scheme manager considers appropriate having regard to— (a) the cash equivalent of the remediable relevant benefits on the valuation day as if they had been secured in the alternative scheme, (b) the percentage value or the amount to be transferred specified in the relevant pension sharing order, and (c) the provisions of sections 29 and 31 of WRPA 1999. (4) Where the pension sharing order relates to mixed service, the “alternative reduction amounts” are such amounts as the scheme manager considers appropriate having regard to— (a) the cash equivalent of the remediable relevant benefits on the valuation day as if they had all been secured in— (i) the PCSPS, and separately (ii) alpha, and (b) the matters mentioned in paragraph (3)(b) and (c).
21 Information provided before 1st October 2023: recalculating D’s reduction of benefit
(1) This regulation applies where D’s remediable relevant benefits have been reduced by an initial reduction amount. (2) The scheme manager must determine the alternative reduction amount or, where the relevant pension sharing relates to mixed service, the alternative reduction amounts in relation to D’s remediable relevant benefits— (a) as soon as reasonably practicable after 30th September 2023, and (b) having consulted the scheme actuary. (3) Where the relevant pension sharing order does not relate to mixed service, the “alternative reduction amount” is such amount as the scheme manager considers appropriate having regard to— (a) the cash equivalent of the remediable relevant benefits on the valuation day as if they had been secured in the alternative scheme, (b) the percentage value or the amount to be transferred specified in the relevant pension sharing order, and (c) the provisions of sections 29 and 31 of WRPA 1999. (4) Where the pension sharing order relates to mixed service, the “alternative reduction amounts” are such amounts as the scheme manager considers appropriate having regard to— (a) the cash equivalent of the remediable relevant benefits on the valuation day as if they had all been secured in— (i) the PCSPS, and separately (ii) alpha, and (b) the matters mentioned in paragraph (3)(b) and (c).
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
How this law is officially changed
Solon does not know this law's official route yet. The proposal is recorded all the same, and the route appears here once its source is added.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.