The Teachers’ Pension Scheme (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
27 Interpretation of Part 5
In this Part— “additional pension” means rights to benefits secured by virtue of an election under— in relation to the legacy scheme, paragraph 2 of Schedule 4 to the 2010 Regulations; in relation to the reformed scheme, paragraph 6 of Schedule 2 to the 2014 Regulations; “alternative reformed scheme additional pension value” means the value of additional pension determined pursuant to regulation 28(1)(a)(i); “bought out standard reduction” means rights to benefits secured by virtue of an election under paragraph 29 of Schedule 2 to the 2014 Regulations; “compensatable amount” means, where an amount by way of compensation relates to remediable voluntary contributions paid to secure— additional pension under the legacy scheme, the amount determined pursuant to regulation 28(1)(a)(ii); reformed scheme flexibilities, the amount determined pursuant to regulation 28(1)(b)(ii); “faster accrual” means rights to benefits secured by virtue of an election under paragraph 22 of Schedule 2 to the 2014 Regulations; “reformed scheme flexibility” means additional pension, bought out standard reduction or faster accrual secured under the reformed scheme; “relevant pension year” has the meaning given in direction 5(16)(c)(i) of the PSP Directions 2022; “remediable voluntary contribution” means a voluntary contribution paid pursuant to an arrangement which commenced during the period of a remedy member’s remediable teacher service; “rights to alternative legacy scheme additional pension” means the rights to additional pension determined pursuant to regulation 28(1)(b)(i); “RVC election” has the meaning given in regulation 29(4)(c); “voluntary contribution” means a contribution paid by a remedy member to secure— additional pension under the legacy scheme, or a reformed scheme flexibility.
27 Interpretation of Part 5
In this Part— “additional pension” means rights to benefits secured by virtue of an election under— in relation to the legacy scheme, paragraph 2 of Schedule 4 to the 2010 Regulations; in relation to the reformed scheme, paragraph 6 of Schedule 2 to the 2014 Regulations; “alternative reformed scheme additional pension value” means the value of additional pension determined pursuant to regulation 28(1)(a)(i); “bought out standard reduction” means rights to benefits secured by virtue of an election under paragraph 29 of Schedule 2 to the 2014 Regulations; “compensatable amount” means, where an amount by way of compensation relates to remediable voluntary contributions paid to secure— additional pension under the legacy scheme, the amount determined pursuant to regulation 28(1)(a)(ii); reformed scheme flexibilities, the amount determined pursuant to regulation 28(1)(b)(ii); “faster accrual” means rights to benefits secured by virtue of an election under paragraph 22 of Schedule 2 to the 2014 Regulations; “reformed scheme flexibility” means additional pension, bought out standard reduction or faster accrual secured under the reformed scheme; “relevant pension year” has the meaning given in direction 5(16)(c)(i) of the PSP Directions 2022; “remediable voluntary contribution” means a voluntary contribution paid pursuant to an arrangement which commenced during the period of a remedy member’s remediable teacher service; “rights to alternative legacy scheme additional pension” means the rights to additional pension determined pursuant to regulation 28(1)(b)(i); “RVC election” has the meaning given in regulation 29(4)(c); “voluntary contribution” means a contribution paid by a remedy member to secure— additional pension under the legacy scheme, or a reformed scheme flexibility.
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.