The MPs’, Senedd and Assembly Pension Schemes (Tax) Regulations 2025

1. Introductory Text

2. Part 1 Introduction

   1. 1. Citation, commencement and effect

   2. 2. Interpretation

3. Part 2 Rectification payments

   1. 3. Refund of contributions

   2. 4. Payment of pension benefits: pension arrears

   3. 5. Payment of pension benefits: further defined benefits lump sum death benefit

   4. 6. Payment of pension benefits: pension commencement lump sum paid after death of member

4. Part 3 Tax redress payments

   1. 7. Income tax and authorised member payments

   2. 8. Redress for annual allowance charge: tax years 2015-16 to 2023-24

   3. 9. Redress for annual allowance charge: tax year of rectification exercise

   4. 10. Redress for relevant lifetime allowance charge: relevant pension scheme

   5. 11. Redress for relevant lifetime allowance charge: other registered pension scheme

   6. 12. Redress for income tax charge connected to lifetime allowance

   7. 13. Redress for income tax charge on arrears of contributions

   8. 14. Redress for income tax charge on pension arrears

   9. 15. Redress payment of interest

5. Part 4 Lifetime allowance windfall charge

   1. 16. Lifetime allowance windfall charge

   2. 17. Lifetime allowance windfall charge: administration

6. Part 5 Changes in the value of rights under a relevant pension scheme

   1. 18. Calculation of pension input amounts: MPs’ pension scheme

   2. 19. Calculation of pension input amounts: pensioner members of a relevant pension scheme and members of an MPs’ pension scheme

   3. 20. Carry forward of annual allowance

   4. 21. Restriction of carry forward of annual allowance to active members

   5. 22. Adjustment of benefits where charge paid by scheme administrator

   6. 23. Reduction in rate of scheme pension

7. Part 6 Miscellaneous

   1. 24. Provision of information by schemes

8. Signature

9. Explanatory Note