18.—(1) This Section applies where, before 1st October 2023, the scheme manager has provided information for the purpose of determining amounts under article 26 of WRPO 1999 in respect of a remedy member’s remediable teacher service.
(2) In this Section—
“alternative amount” has the meaning given in regulation 19;
“alternative reduction amount” and “alternative reduction amounts” have the meanings given in, respectively, regulation 22(3) and (4);
“alternative scheme”, in relation to a relevant pension sharing order that does not relate to mixed service, means—
where the initial scheme is D’s legacy scheme, the reformed scheme;
where the initial scheme is the reformed scheme, D’s legacy scheme;
“C’s pension account” has the meaning given in regulation 21(4);
“initial amount” means the total amount determined for the purposes of the relevant pension sharing order under article 26(2) and (3) of WRPO 1999 in relation to D’s remediable shareable rights;
“initial reduction amount” means the amount by which D’s remediable relevant benefits were reduced pursuant to the relevant pension sharing order;
“initial scheme”, in relation to a relevant pension sharing order that does not have mixed service, means the teacher pension scheme in respect of which an initial amount or an initial reduction amount was determined;
“remediable credit adjustment” has the meaning given in regulation 20(2).
(3) For the purposes of this Section, a relevant pension sharing order relates to mixed service if it specifies an appropriate amount in accordance with article 26(2) or (3) of WRPO 1999 by reference to the value of remediable relevant benefits to which D is entitled by virtue of remediable shareable rights secured in both D’s legacy scheme and the reformed scheme (and, accordingly, a relevant pension sharing order does not relate to mixed service if it specifies an appropriate amount by reference to remediable shareable rights secured in only one of those schemes).
Commencement Information
I1Reg. 18 in operation at 1.10.2023, see reg. 1