The Teachers' Pension Scheme Regulations 2014

Deduction of contributions from pensionable earningsE+W

This section has no associated Explanatory Memorandum

193.—(1) This regulation applies to any person (P) who is in pensionable service.

(2) In each pay period, P's employer must deduct the following contributions from P's pensionable earnings—

(a)P's members' contributions for that employment;

(b)any faster accrual contributions relating to that employment;

(c)any additional pension contributions payable monthly (if P has nominated the employer to deduct those contributions);

(d)any buy-out contributions (if P has nominated the employer to deduct those contributions).

(3) If P's employer does not deduct contributions in the appropriate pay period, P's employer may deduct the contributions in a subsequent pay period (but this paragraph does not affect regulation 196(2) (payment by employers to scheme manager)).

(4) If P is in pensionable service in more than one employment—

(a)any additional pension contributions or buy-out contributions must be deducted by the employer nominated by P; and

(b)if in any pay period the contributions are more than the pensionable earnings paid to P by that employer, any remaining contributions must be deducted by the other employer (or, if there is more than one other employer, by whichever other employer is nominated by P).