Amendment of regulation E5C
This section has no associated Explanatory Memorandum
7.—(1) Regulation E5C (application of regulations E5A and E5B with modifications where concurrent part-time employments held)(1) is amended as follows.
(2) In paragraph (1), after “pensionable employment”, insert “in the 2015 Scheme”.
(3) In paragraph (3), after “is reduced”, insert “(disregarding any reduction in pensionable pay resulting from the member entering into a salary sacrifice arrangement)”.
(4) In paragraph (5), after “is increased”, insert “(disregarding any increase in pensionable pay resulting from the member leaving a salary sacrifice arrangement)”.
(1)
Regulation E5C was inserted by S.I. 2023/952.