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Status:
Point in time view as at 01/04/2014.
Changes to legislation:
There are currently no known outstanding effects for the The Teachers' Pension Scheme Regulations 2014, Paragraph 26.
Changes to Legislation
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Payment of contributionsE+W
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Memorandwm Esboniadol
26.—(1) A member (P)—
(a)must make the first monthly payment within 2 months after the end of the month in which the faster accrual election is accepted; and
(b)must continue to make the monthly payments until the end of the contributions payment period.
(2) The final monthly payment is due in the last month of the financial year to which the faster accrual election relates.
(3) P is taken to revoke a faster accrual election if—
(a)a monthly payment is missed; and
(b)the payment is not made within 3 months after P receives a written demand from the scheme manager.
Yn ôl i’r brig