Words in reg. 90(c) substituted (30.11.2017) by The Teachers Pensions Schemes (Miscellaneous Amendments) Regulations 2017 (S.I. 2017/1084), regs. 1, 11

http://www.legislation.gov.uk/uksi/2014/512/regulation/90/2017-11-30The Teachers' Pension Scheme Regulations 2014texttext/xmlenStatute Law DatabasePUBLIC SERVICE PENSIONS, ENGLAND AND WALESEDUCATION, ENGLAND AND WALES2024-05-16Expert Participation2017-11-30These Regulations establish a career average re-valued earnings scheme for the payment of pensions and other benefits to and in respect of teachers in England and Wales. PART 5 Retirement benefits for teachersCHAPTER 3Phased retirementThe reduced annual rate condition90.

A person (P) meets the reduced annual rate condition if—

(a)

P is in one or more eligible employments;

(b)

the terms of employment change and as a result there is a reduction in the annual rate of P's pensionable earnings; and

(c)

the reduced annual rate is not more than 80% of the average annual rate of P's pensionable earnings for the 12 months of pensionable service immediately before the reduction.

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Words in
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substituted (30.11.2017) by
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the reduced annual rate is not more than 80% of the average annual rate of P's pensionable earnings for the
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