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The Teachers' Pension Scheme Regulations 2014

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Point in time view as at 01/08/2021.

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There are currently no known outstanding effects for the The Teachers' Pension Scheme Regulations 2014, Paragraph 9. Help about Changes to Legislation

Making an additional pension electionE+W
This section has no associated Explanatory Memorandum

9.—(1) An additional pension election by a member (P) must be made by written notice to the scheme manager stating whether additional pension contributions are to be paid—

(a)as a lump sum, or

(b)by monthly payments.

(2) If monthly payments are to be made, the notice must state the number of monthly payments, which—

(a)must not be more than 240; and

(b)must end before P reaches normal pension age under this scheme;

(3) If P is in pensionable service in relation to more than one employment, the notice must specify which employer is to deduct the contributions.

(4) The notice must be accompanied by a declaration by P that P is in normal health.

(5) The scheme manager may ask P or P's employer to provide further information.

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