Sch. 4 inserted (1.4.2015) by The Teachers Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/2652), regs. 1, 52

http://www.legislation.gov.uk/uksi/2014/512/schedule/4/paragraph/3/2015-04-01The Teachers' Pension Scheme Regulations 2014texttext/xmlenStatute Law DatabasePUBLIC SERVICE PENSIONS, ENGLAND AND WALESEDUCATION, ENGLAND AND WALES2024-05-16Expert Participation2015-04-01These 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.SCHEDULE 4Scheme valuation and employer cost capBreach of employer cost cap margins3.

If the scheme actuary reports in a valuation report that the cost cap cost of the scheme, calculated following a valuation in accordance with Treasury directions, has gone beyond the margins specified in HM Treasury directions under section 12 of the Public Service Pensions Act 2013, paragraph 4 applies.

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<ref eId="cq568u1f3-00033" class="subref" href="http://www.legislation.gov.uk/id/uksi/2014/512/schedule/4">Sch. 4</ref>
inserted (1.4.2015) by
<ref eId="cq568u1f3-00034" href="http://www.legislation.gov.uk/id/uksi/2014/2652">The Teachers Pension Scheme (Amendment) Regulations 2014 (S.I. 2014/2652)</ref>
,
<ref eId="cq568u1f3-00035" class="subref" href="http://www.legislation.gov.uk/id/uksi/2014/2652/regulation/1">regs. 1</ref>
,
<ref eId="cq568u1f3-00036" class="subref operative" href="http://www.legislation.gov.uk/id/uksi/2014/2652/regulation/52">52</ref>
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SCHEDULE
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<ins ukl:ChangeId="key-c9245f049d1080576d8e5f101eeb955f-1585838099969" ukl:CommentaryRef="key-c9245f049d1080576d8e5f101eeb955f">If the scheme actuary reports in a valuation report that the cost cap cost of the scheme, calculated following a valuation in accordance with Treasury directions, has gone beyond the margins specified in </ins>
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