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The National Health Service Pension Scheme (Amendment) Regulations 2010
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- UK Statutory Instruments
- 2010 No. 1634
- PART 2
- Regulation 6
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Amendment of regulation U3
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6.—(1) Regulation U3 (accounts and actuarial reports) is amended as follows.
(2) In paragraph (3), for “The Scheme Actuary” substitute “Subject to paragraph (3A), the Scheme Actuary”.
(3) After paragraph (3), add—
“(3A) The actuarial report referred to in paragraph (3) shall be based on actuarial assumptions determined by the Secretary of State following the consent of the Treasury.
(3B) Before determining the assumptions referred to in paragraph (3A) the Secretary of State may consult—
(a)such representatives of employees and employing authorities as appear to the Secretary of State to be appropriate, and
(b)the Scheme Actuary.”.
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