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Changes over time for: CHAPTER 2
Timeline of Changes
This timeline shows the different points in time where a change occurred. The dates will coincide with the earliest date on which the change (e.g an insertion, a repeal or a substitution) that was applied came into force. The first date in the timeline will usually be the earliest date when the provision came into force. In some cases the first date is 01/02/1991 (or for Northern Ireland legislation 01/01/2006). This date is our basedate. No versions before this date are available. For further information see the Editorial Practice Guide and Glossary under Help.
Status:
Point in time view as at 20/12/2023.
Changes to legislation:
There are currently no known outstanding effects for the The Teachers' Pension Scheme Regulations 2014, CHAPTER 2.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
CHAPTER 2E+WPayment of contributions
Determination of contributions payableE+W
25. The scheme manager must determine the amount of the monthly payment to be paid in respect of a faster accrual election.
Payment of contributionsE+W
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.
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