The Teachers' Pension Scheme Regulations 2014 No. 512

PART 4 E+W Pension accounts

CHAPTER 6 E+W Deferred member's account

Deferred member's account established after phased retirement pension ceases to be payable E+W

68.  If a phased retirement pension ceases to be payable to a person (P) under regulation 97 and P does not re-enter pensionable service—

(a) a deferred member's account must be established; and

(b) the scheme manager must increase the amount of accrued earned pension by the phased retirement proportion.