http://www.legislation.gov.uk/nisr/2023/131/part/8/chapter/2The Teachers’ Pension Scheme (Remediable Service) Regulations (Northern Ireland) 2023enPUBLIC SERVICE PENSIONSStatute Law Database2024-05-20Expert Participation2023-10-01 The Public Service Pensions Act (Northern Ireland) 2014 (c. 2) (“PSPA (NI) 2014”) makes provision, and confers powers to make further provision (in the form of “scheme regulations” as defined in section 1 of PSPA 2014), about the establishment of public service pension schemes. The Teachers’ Pension Scheme Regulations (Northern Ireland) 2014 (S.R. 2014/310) (“the 2014 Regulations”) are the scheme regulations establishing the successor teacher pension scheme (“the reformed scheme”) to the scheme established by the Teachers’ Superannuation Regulations (Northern Ireland) 1998 (S.R. 1998/333) (“the legacy scheme”). The 2014 Regulations provided for transitional protection for certain cohorts of legacy scheme members. This transitional protection was subsequently found to unlawfully discriminate between teacher pension scheme members on the basis of age. PART 8Liabilities and payment CHAPTER 2 Interest, compensation and netting off Interest 69 1 The scheme manager must calculate interest on a relevant amount described in direction 15 of the PSP(NI) Directions 2023 in accordance with the provisions of directions 14 and 15 which apply to that description of relevant amount. 2 In relation to a relevant amount not described in direction 15 of the PSP(NI) Directions 2023, the scheme manager must determine whether interest is paid and, if so, what rate of interest applies and how it is calculated. 3 The following provisions of the PSP(NI) Directions 2023 apply in relation to a determination under paragraph (2) as if it were a determination under direction 16(1) of those Directions— a direction 16(2) (provision of explanation); b direction 16(3) and (4) (appeals). Indirect compensation 70 1 This regulation applies where— a pursuant to an application under regulation 71, the scheme manager determines that an immediate choice member (“M”) has incurred a compensatable loss that is a Part 4 tax loss (a “relevant loss”), and b the relevant loss is a reduction of benefit under— i regulation F3 of the 1998 Regulations, or ii regulation 182 of the 2014 Regulations. 2 M is not to be paid an amount under section 23 of PSPJOA 2022 of compensation in respect of the relevant loss. 3 Instead, the amount of benefit payable under a teacher pension scheme is to be increased to reflect the amount of the relevant loss in such manner as determined by the scheme manager in accordance with direction 10(2) to (4) of the PSP(NI) Directions 2023. Applications for compensation or indirect compensation 71 1 This regulation applies in relation to — a the payment of a relevant amount by way of compensation under section 23(1) of PSPJOA 2022; b the increase of benefits by way of indirect compensation under regulation 70. 2 The relevant amount is not payable, or (as the case may be) the benefits are not to be increased, except where— a an application is made in accordance with direction 18(1) and (2) of the PSP(NI) Directions 2023, b the application is accompanied by such information that the scheme manager may by written notice require the person making the application (“P”) to provide in relation to the proposed compensation which is— i information within P’s possession, or ii information which P may reasonably be expected to obtain, and c the scheme manager makes a determination in accordance with direction 18(3) of those Directions. 3 The following apply in relation to a determination in accordance with direction 18(3) of the PSP(NI) Directions 2023— a direction 18(4) (provision of explanation); b direction 18(5) and (6) (appeals). Netting off 72 1 This regulation applies where— a relevant amounts owed by or to a person (“P”) fall to be paid at the same time or similar times, and b the scheme manager has — i determined the interest (if any) that is to be paid on the relevant amounts in accordance with regulation 69, and ii reduced the relevant amounts by tax relief amounts in accordance with regulation 73. 2 The scheme manager may determine, in accordance with direction 19(2) to (5) of the PSP (NI) Directions 2023, that the relevant amounts (and any interest on them) must be aggregated and that the difference must be paid by P to the scheme or (as the case may be) by the scheme to P . 3 The following provisions of the PSP(NI) Directions 2023 apply in relation to a determination under paragraph (2) as if it were a determination under direction 19(1) of those Directions— a direction 19(6) (provision of explanation); b direction 19(7) and (8) (appeals). See section 23 of PSPJOA 2022 and direction 11 of the PSP(NI) Directions 2023 for the meaning of “compensatable loss”. See section 23(9) of PSPJOA 2022 for the meaning of “Part 4 tax loss”. Reg. 69 in operation at 1.10.2023, see reg. 1Reg. 70 in operation at 1.10.2023, see reg. 1Reg. 71 in operation at 1.10.2023, see reg. 1Reg. 72 in operation at 1.10.2023, see reg. 1
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<dc:title>The Teachers’ Pension Scheme (Remediable Service) Regulations (Northern Ireland) 2023</dc:title>
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<dc:subject scheme="SIheading">PUBLIC SERVICE PENSIONS</dc:subject>
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<dc:description>The Public Service Pensions Act (Northern Ireland) 2014 (c. 2) (“PSPA (NI) 2014”) makes provision, and confers powers to make further provision (in the form of “scheme regulations” as defined in section 1 of PSPA 2014), about the establishment of public service pension schemes. The Teachers’ Pension Scheme Regulations (Northern Ireland) 2014 (S.R. 2014/310) (“the 2014 Regulations”) are the scheme regulations establishing the successor teacher pension scheme (“the reformed scheme”) to the scheme established by the Teachers’ Superannuation Regulations (Northern Ireland) 1998 (S.R. 1998/333) (“the legacy scheme”). The 2014 Regulations provided for transitional protection for certain cohorts of legacy scheme members. This transitional protection was subsequently found to unlawfully discriminate between teacher pension scheme members on the basis of age.</dc:description>
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<Number>PART 8</Number>
<Title>Liabilities and payment </Title>
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<Number>CHAPTER 2</Number>
<Title>Interest, compensation and netting off </Title>
<P1group RestrictExtent="N.I." RestrictStartDate="2023-10-01">
<Title>Interest </Title>
<P1 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/69" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/69" id="regulation-69">
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69
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<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/69/1" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/69/1" id="regulation-69-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>The scheme manager must calculate interest on a relevant amount described in direction 15 of the PSP(NI) Directions 2023 in accordance with the provisions of directions 14 and 15 which apply to that description of relevant amount.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/69/2" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/69/2" id="regulation-69-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>In relation to a relevant amount not described in direction 15 of the PSP(NI) Directions 2023, the scheme manager must determine whether interest is paid and, if so, what rate of interest applies and how it is calculated.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/69/3" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/69/3" id="regulation-69-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>The following provisions of the PSP(NI) Directions 2023 apply in relation to a determination under paragraph (2) as if it were a determination under direction 16(1) of those Directions—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/69/3/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/69/3/a" id="regulation-69-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>direction 16(2) (provision of explanation);</Text>
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<Pnumber>b</Pnumber>
<P3para>
<Text>direction 16(3) and (4) (appeals).</Text>
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<P1group RestrictExtent="N.I." RestrictStartDate="2023-10-01">
<Title>Indirect compensation </Title>
<P1 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70" id="regulation-70">
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<CommentaryRef Ref="key-c66ade50a3ae9ae7c286811ad890b2b9"/>
70
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<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/1" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/1" id="regulation-70-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>This regulation applies where—</Text>
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<Pnumber>a</Pnumber>
<P3para>
<Text>
pursuant to an application under regulation 71, the scheme manager determines that an immediate choice member (“
<Term id="term-m">M</Term>
”) has incurred a compensatable loss
<FootnoteRef Ref="f00024"/>
that is a Part 4 tax loss
<FootnoteRef Ref="f00025"/>
(a “relevant loss”), and
</Text>
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<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/1/b" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/1/b" id="regulation-70-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the relevant loss is a reduction of benefit under—</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/1/b/i" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/1/b/i" id="regulation-70-1-b-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>regulation F3 of the 1998 Regulations, or</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/1/b/ii" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/1/b/ii" id="regulation-70-1-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>regulation 182 of the 2014 Regulations.</Text>
</P4para>
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</P3para>
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</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/2" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/2" id="regulation-70-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>M is not to be paid an amount under section 23 of PSPJOA 2022 of compensation in respect of the relevant loss.</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/70/3" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/70/3" id="regulation-70-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>Instead, the amount of benefit payable under a teacher pension scheme is to be increased to reflect the amount of the relevant loss in such manner as determined by the scheme manager in accordance with direction 10(2) to (4) of the PSP(NI) Directions 2023.</Text>
</P2para>
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<P1group RestrictExtent="N.I." RestrictStartDate="2023-10-01">
<Title>Applications for compensation or indirect compensation </Title>
<P1 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71" id="regulation-71">
<Pnumber>
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71
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<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/1" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/1" id="regulation-71-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>This regulation applies in relation to —</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/1/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/1/a" id="regulation-71-1-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>the payment of a relevant amount by way of compensation under section 23(1) of PSPJOA 2022;</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/1/b" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/1/b" id="regulation-71-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the increase of benefits by way of indirect compensation under regulation 70.</Text>
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</P3>
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</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2" id="regulation-71-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The relevant amount is not payable, or (as the case may be) the benefits are not to be increased, except where—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2/a" id="regulation-71-2-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>an application is made in accordance with direction 18(1) and (2) of the PSP(NI) Directions 2023,</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2/b" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2/b" id="regulation-71-2-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>
the application is accompanied by such information that the scheme manager may by written notice require the person making the application (“
<Term id="term-p">P</Term>
”) to provide in relation to the proposed compensation which is—
</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2/b/i" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2/b/i" id="regulation-71-2-b-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>information within P’s possession, or</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2/b/ii" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2/b/ii" id="regulation-71-2-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>information which P may reasonably be expected to obtain, and</Text>
</P4para>
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<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/2/c" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/2/c" id="regulation-71-2-c">
<Pnumber>c</Pnumber>
<P3para>
<Text>the scheme manager makes a determination in accordance with direction 18(3) of those Directions.</Text>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/3" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/3" id="regulation-71-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>The following apply in relation to a determination in accordance with direction 18(3) of the PSP(NI) Directions 2023—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/71/3/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/71/3/a" id="regulation-71-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>direction 18(4) (provision of explanation);</Text>
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<Pnumber>b</Pnumber>
<P3para>
<Text>direction 18(5) and (6) (appeals).</Text>
</P3para>
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</P2para>
</P2>
</P1para>
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<P1group RestrictExtent="N.I." RestrictStartDate="2023-10-01">
<Title>Netting off </Title>
<P1 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72" id="regulation-72">
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</Pnumber>
<P1para>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/1" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/1" id="regulation-72-1">
<Pnumber>1</Pnumber>
<P2para>
<Text>This regulation applies where—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/1/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/1/a" id="regulation-72-1-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>
relevant amounts owed by or to a person (“
<Term id="term-p">P</Term>
”) fall to be paid at the same time or similar times, and
</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/1/b" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/1/b" id="regulation-72-1-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>the scheme manager has —</Text>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/1/b/i" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/1/b/i" id="regulation-72-1-b-i">
<Pnumber>i</Pnumber>
<P4para>
<Text>determined the interest (if any) that is to be paid on the relevant amounts in accordance with regulation 69, and</Text>
</P4para>
</P4>
<P4 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/1/b/ii" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/1/b/ii" id="regulation-72-1-b-ii">
<Pnumber>ii</Pnumber>
<P4para>
<Text>reduced the relevant amounts by tax relief amounts in accordance with regulation 73.</Text>
</P4para>
</P4>
</P3para>
</P3>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/2" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/2" id="regulation-72-2">
<Pnumber>2</Pnumber>
<P2para>
<Text>The scheme manager may determine, in accordance with direction 19(2) to (5) of the PSP (NI) Directions 2023, that the relevant amounts (and any interest on them) must be aggregated and that the difference must be paid by P to the scheme or (as the case may be) by the scheme to P .</Text>
</P2para>
</P2>
<P2 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/3" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/3" id="regulation-72-3">
<Pnumber>3</Pnumber>
<P2para>
<Text>The following provisions of the PSP(NI) Directions 2023 apply in relation to a determination under paragraph (2) as if it were a determination under direction 19(1) of those Directions—</Text>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/3/a" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/3/a" id="regulation-72-3-a">
<Pnumber>a</Pnumber>
<P3para>
<Text>direction 19(6) (provision of explanation);</Text>
</P3para>
</P3>
<P3 DocumentURI="http://www.legislation.gov.uk/nisr/2023/131/regulation/72/3/b" IdURI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/72/3/b" id="regulation-72-3-b">
<Pnumber>b</Pnumber>
<P3para>
<Text>direction 19(7) and (8) (appeals).</Text>
</P3para>
</P3>
</P2para>
</P2>
</P1para>
</P1>
</P1group>
</Chapter>
</Part>
</Body>
</Secondary>
<Footnotes>
<Footnote id="f00024">
<FootnoteText>
<Para>
<Text>See section 23 of PSPJOA 2022 and direction 11 of the PSP(NI) Directions 2023 for the meaning of “compensatable loss”.</Text>
</Para>
</FootnoteText>
</Footnote>
<Footnote id="f00025">
<FootnoteText>
<Para>
<Text>See section 23(9) of PSPJOA 2022 for the meaning of “Part 4 tax loss”.</Text>
</Para>
</FootnoteText>
</Footnote>
</Footnotes>
<Commentaries>
<Commentary Type="I" id="key-296a2d3b76f3eb4fe6f4f8771b1c7195">
<Para>
<Text>
Reg. 69 in operation at 1.10.2023, see
<CitationSubRef id="n39123a09aec27354" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/1" Operative="true">reg. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary Type="I" id="key-c66ade50a3ae9ae7c286811ad890b2b9">
<Para>
<Text>
Reg. 70 in operation at 1.10.2023, see
<CitationSubRef id="n8f404a2ad730eff" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/1" Operative="true">reg. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary Type="I" id="key-af82a98c7d9f8b3e254239f3669de2f3">
<Para>
<Text>
Reg. 71 in operation at 1.10.2023, see
<CitationSubRef id="n64a42841681773a9" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/1" Operative="true">reg. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
<Commentary Type="I" id="key-cfd896b30c82cc9e867a258961fae558">
<Para>
<Text>
Reg. 72 in operation at 1.10.2023, see
<CitationSubRef id="nff39350661d23dbc" SectionRef="regulation-1" URI="http://www.legislation.gov.uk/id/nisr/2023/131/regulation/1" Operative="true">reg. 1</CitationSubRef>
</Text>
</Para>
</Commentary>
</Commentaries>
</Legislation>