PART 4Scheme membership

CHAPTER 3Pensionable earnings

Meaning of “assumed pay”I127

1

For the purpose of these Regulations, an active member of this scheme (P) receives assumed pay in respect of any period in which the circumstances in paragraph (3) apply (“period of assumed pay”).

2

For the purpose of paragraph (1), “assumed pay” means the sum of—

a

an amount equal to the pensionable earnings that P would have received in respect of that period if those circumstances had not applied; and

b

any increase the scheme manager considers appropriate.

3

The circumstances are—

a

P is on sick leave on reduced pay;

b

P is on adoption leave, maternity leave, parental leave, paternity leave or additional paternity leave;

c

P is receiving statutory pay;

d

P is on secondment to a different employer under an arrangement providing for P to continue to be an active member of this scheme in relation to P’s service although P is paid for it by that employer;

e

P is on unpaid leave in circumstances that the scheme manager has agreed can count for the purpose of this paragraph;

f

P is absent from duty because of being called out, or recalled, for permanent service in Her Majesty’s armed forces in pursuance of a call-out notice served, or a call-out or recall order made, under the Reserve Forces Act 199649;

g

P is receiving pensionable earnings at a reduced rate in accordance with arrangements for members required by the scheme manager which apply where the members are entitled to—

i

pension benefits under another occupational pension scheme; or

ii

a payment under a compensation scheme; or

h

P voluntarily surrenders pensionable earnings in whole or in part.

4

For the purpose of paragraph (3)(a), a period of sick leave on reduced pay does not include a period of leave in respect of which P is paid at a rate determined by P’s employer to be appropriate because it is equivalent to the annual rate of an ill-health pension.

5

Paragraph (3)(f) does not apply to any period of permanent service during which P is in pensionable service in—

a

an existing scheme that relates to the armed forces or another scheme under section 1 of F1The Public Service Pensions Act 2013 that relates to the armed forces; or

b

any other occupational pension scheme.