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
47 Transfers in before 1st October 2023
(1) This regulation applies in relation to each payment of a remediable transfer value in respect of a member (“M”) which was accepted by the scheme manager before 1st October 2023. (2) The scheme manager, having consulted the scheme actuary, must determine the amount of pension M is entitled to count if the remediable transfer value together with any payment accepted under paragraph (3) were applied in respect of rights in— (a) M’s legacy scheme; (b) the reformed scheme. (3) Where the sending scheme was a reformed public service pension scheme, the scheme manager may accept a payment— (a) in respect of the remediable rights to which the remediable transfer value relates, and (b) which is made by the sending scheme pursuant to, or to provision made under, PSPJOA 2022. (4) A payment accepted under paragraph (3) is to be used for the purpose of determining the amount of pension M is entitled to count under a teacher pension scheme on the same terms as the remediable transfer value.
47 Transfers in before 1st October 2023
(1) This regulation applies in relation to each payment of a remediable transfer value in respect of a member (“M”) which was accepted by the scheme manager before 1st October 2023. (2) The scheme manager, having consulted the scheme actuary, must determine the amount of pension M is entitled to count if the remediable transfer value together with any payment accepted under paragraph (3) were applied in respect of rights in— (a) M’s legacy scheme; (b) the reformed scheme. (3) Where the sending scheme was a reformed public service pension scheme, the scheme manager may accept a payment— (a) in respect of the remediable rights to which the remediable transfer value relates, and (b) which is made by the sending scheme pursuant to, or to provision made under, PSPJOA 2022. (4) A payment accepted under paragraph (3) is to be used for the purpose of determining the amount of pension M is entitled to count under a teacher pension scheme on the same terms as the remediable transfer value.
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.