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The Teachers' Pensions Regulations 2010
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- UK Statutory Instruments
- 2010 No. 990
- SCHEDULE 13
- PART 4
- Paragraph 18
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Changes and effects yet to be applied to Schedule 13 Paragraph 18:
- Regulations restricted by S.I. 2023/871 reg. 30
Changes and effects yet to be applied to the whole Instrument associated Parts and Chapters:
Whole provisions yet to be inserted into this Instrument (including any effects on those provisions):
- Sch. 2 Pt. 1 para. 2(aa) inserted by S.I. 2012/979 Sch. para. 28(2)(b)
- Sch. 2 para. 2(ab) inserted by S.I. 2014/2651 reg. 22(a)
- Sch. 2 para. 26 inserted by S.I. 2014/2651 reg. 22(b)
- Sch. 2 Pt. 1 para. 14A inserted by S.I. 2014/424 reg. 7
- Sch. 2 para. 22(m) inserted by S.I. 2019/1134 reg. 14
- Sch. 2 para. 3A inserted by S.I. 2021/805 reg. 10(b)
- Sch. 2 para. 2(ab) inserted by S.I. 2014/2651, reg. 22(a) (as substituted) by S.I. 2021/805 reg. 2(2)
- Sch. 2 para. 26 inserted by S.I. 2014/2651, reg. 22(b) (as substituted) by S.I. 2021/805 reg. 2(2)
- Sch. 2 Pt. 1 para. 6(a) substituted by S.I. 2019/1027 reg. 33
- Sch. 3 para. 2(2)-(7) and table substituted for Sch. 3 para. 2(2) by S.I. 2014/2651 reg. 23(a)
- Sch. 5 para. 5(aa) inserted by S.I. 2019/1134 reg. 16(1)(c)(i)
- Sch. 5 para. 7(1A) inserted by S.I. 2019/1134 reg. 16(1)(d)(ii)
- Sch. 5 para. 9(ba) inserted by S.I. 2019/1134 reg. 16(1)(e)(i)
- Sch. 6 Pt. 1 para. 10A inserted by S.I. 2011/614 Sch. 2 para. 13(3)
- Sch. 7 para. 4(2A) inserted by S.I. 2017/1084 reg. 7(b)
- Sch. 7 para. 12(3A) inserted by S.I. 2017/1084 reg. 7(c)
- Sch. 7 para. 6(1A) inserted by S.I. 2019/1134 reg. 17(b)
- Sch. 8 para. 1(2)(h)(ia)(ib) inserted by S.I. 2019/1458 Sch. 3 para. 115(3)(a)(iii)
- Sch. 8 para. 1(1)(e) substituted by S.I. 2021/805 reg. 13(2)
- Sch. 8 para. 1(1)(b)(ba) substituted for Sch. 8 para. 1(1)(b) by S.I. 2019/1458 Sch. 3 para. 115(3)(a)(ii)
- Sch. 13 para. 8 8A substituted for Sch. 13 para. 8 by S.I. 2014/2651 reg. 29(a)
- reg. 2A 2B inserted by S.I. 2014/560 Sch. 3 para. 17
- reg. 2A omitted by S.I. 2019/1134 reg. 6
- reg. 2A(1) words substituted by S.I. 2014/3061 Sch. 1 para. 11(2)
- reg. 2B omitted by S.I. 2019/1134 reg. 6
- reg. 2C inserted by S.I. 2014/3061 Sch. 1 para. 11(2)(4)
- reg. 6(1A) inserted by S.I. 2012/2270 reg. 3(a)
- reg. 6(2A) inserted by S.I. 2012/2270 reg. 3(b)
- reg. 6(3A) inserted by S.I. 2012/2270 reg. 3(c)
- reg. 9(4)(c) and word inserted by S.I. 2014/424 reg. 4(b)
- reg. 13(7A) inserted by S.I. 2021/805 reg. 6(6)
- reg. 13A inserted by S.I. 2021/805 reg. 7
- reg. 14A-14H inserted by S.I. 2014/424 reg. 5
- reg. 14A(5) word substituted by S.I. 2014/2651 reg. 5
- reg. 14F(c) words omitted by S.I. 2014/2651 reg. 6(b)
- reg. 14F(c) words substituted by S.I. 2014/2651 reg. 6(a)
- reg. 17(3A) inserted by S.I. 2014/2651 reg. 8(b)
- reg. 17(12)(13) substituted for reg. 17(12) by S.I. 2014/2651 reg. 8(c)
- reg. 27(3) inserted by S.I. 2021/805 reg. 8
- reg. 30(1)(d) and word inserted by S.I. 2014/2651 reg. 9
- reg. 64-64D substituted for reg. 64 by S.I. 2014/2651 reg. 15
- reg. 64B modified by S.I. 2015/601 reg. 31(5)(a)
- reg. 83(3A) inserted by S.I. 2017/1084 reg. 5
- reg. 85(3A) inserted by S.I. 2017/1084 reg. 6
- reg. 87A inserted by S.I. 2019/1134 reg. 8
- reg. 129(2A) inserted by S.I. 2011/614 Sch. 2 para. 10(3)
18.—(1) This paragraph applies where—E+W+S
(a)on the interest change date contributions remain to be paid (in accordance with section 16 of the Interpretation Act 1978 M1) under—
(i)regulation C18(2) of TPR 1997
(ii)regulation C18(5) of TPR 1997
(iii)regulation G7(4) of TPR 1997, and
(b)an interest invoice has been issued by the Secretary of State before the interest change date.
(2) This paragraph also applies where—
(a)on the interest change date contributions remain to be paid under regulation 28(5) or regulation 30(4), and
(b)an interest invoice has been issued by the Secretary of State before the interest change date
(3) Where this paragraph applies interest is payable—
(a)at the rate specified in paragraph (4), from the date on which the interest became payable under the provision in question to the date up to which it is calculated in the relevant interest invoice, and
(b)at the standard rate, from the day after the date on which it was calculated in the relevant interest invoice to the date of payment.
(4) The rate is the rate specified in relation to the provision in the second column of the table and compounded with rests at the intervals specified in the third column of the table,
Table
| Provision | Interest Rate (%) | Provision as to rests |
|---|---|---|
| Regulation C18(2) of TPR 1997 | 4 | yearly |
| Regulation C18(5) of TPR 1997 | 4 | yearly |
| Regulation G7(4) of TPR 1997 | 8 or 12 (see note below) | monthly |
| Regulation 28(5) | 4 | yearly |
| Regulation 30(4) | 8 | monthly |
Note; Where contributions remain to be paid under regulation G7(4) of TPR 1997 the interest rate is 12% in relation to all contributions payable in relation to pensionable employment before 1st April 2003 and 8% in relation to contributions payable in relation to pensionable employment on or after 1st April 2003.
(5) In this paragraph “the relevant interest invoice” means the most recent interest invoice issued before the interest change date.
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