The Teachers' Pensions Regulations 1997

Repayment of contributions where an election is not made under regulation G8

H6.—(1) This regulation applies where—

(a) a person receives an increase in contributable salary as is mentioned in regulation E31(11), but

(b) no election under regulation G8(3) has been made.

(2) Where this regulation applies the Secretary of State shall repay—

(a) to the person who was in pensionable employment a sum equivalent to A−B, and

(b) to that person’s last employer before he became entitled to retirement benefits a sum equivalent to C−D.

(3) In paragraph (2) above—

• A is the aggregate of the contributions paid by the person under regulation C3, C4, C6 or C11 during the relevant period,

• B is the aggregate of the contributions which would have been paid under regulation C3, C4, C6 or C11 during the relevant period if the person had actually received the salary which he was treated as having received under regulation E31(11),

• C is the aggregate of contributions paid by the person’s employer under regulation G5 during the relevant period, and

• D is the aggregate of the contributions which would have been paid by the person’s employer under regulation G5 during the relevant period if the person had actually received the salary which he was treated as having received under regulation E31(11),

and in this paragraph the “relevant period” is the period which started when the person received the increase in contributable salary as mentioned in regulation E31(11) and ended when the person became entitled to the payment of retirement benefits.