<dc:identifier>http://www.legislation.gov.uk/uksi/2014/2652/regulation/1/made</dc:identifier>
<dc:title>The Teachers’ Pension Scheme (Amendment) Regulations 2014</dc:title>
<dc:language>en</dc:language>
<dc:publisher>King's Printer of Acts of Parliament</dc:publisher>
<dc:modified>2016-07-22</dc:modified>
<dc:subject scheme="SIheading">PUBLIC SERVICE PENSIONS, ENGLAND AND WALES</dc:subject>
<dc:subject scheme="SIheading">EDUCATION, ENGLAND AND WALES</dc:subject>
<dc:description>These Regulations, which come into force on 1st April 2015, amend the Teachers’ Pensions Regulations 2014 to—provide for the delegation of the scheme manager’s functions (regulation 5);make further provision for the calculation of an individual’s annual rate of pensionable earnings for multiple employments at least one of which is irregular (regulation 9);provide for new members’ contributions rates, with bands based on actual annual salary rather than the full-time equivalent for part-time eligible employment (regulation 16);provide for new employers’ contribution rates and an administration charge (regulations 17 and 18);make further transitional provision for the calculation of certain benefits (regulations 40 to 47) and commutation of small pensions (regulation 51);introduce a new Schedule 4 including provisions for scheme valuations and the employer cost cap, including the procedure to be followed in the event of a breach of the parameters for the cost cap cost of the scheme (regulation 52), andcorrect a number of minor errors in those Regulations.An impact assessment has not been produced for this instrument as it has no impact on businesses or civil society organisations. The instrument has a minimal impact on the public sector.</dc:description>
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