The Teachers' Pension Scheme Regulations 2014

Cessation of phased retirement pensionE+W

This section has no associated Explanatory Memorandum

97.  A phased retirement pension ceases to be payable to a member (P) if—

(a)in the 12 months after the entitlement day, the annual rate of P's pensionable earnings increases; and

(b)as a result, the annual amount of P's pensionable earnings in that 12 month period is more than 80% of the average annual rate—

(i)if P met the reduced annual rate condition, in the [F112 months] of pensionable service immediately before the reduced annual rate took effect; or

(ii)if P met the new employment condition, in the last [F212 months] of the previous employment.