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The National Health Service Pension Scheme (Transitional and Consequential Provisions) Regulations 2015
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- UK Statutory Instruments
- 2015 No. 95
- PART 2
- CHAPTER 7
- Regulation 37
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Variations to lump sums for 1995 and 2008 pensioners joining new scheme [F1(other than pensioners who have taken a partial retirement pension)]E+W
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37.—(1) This regulation applies to persons falling in Groups 1 to 4 [F2, 6 [F3, 7, 9 and 10]] in the table at paragraph 1 of Schedule 1 and Groups 1 to 4 [F4, 6 and 7] in the table at paragraph 2 of Schedule 1 [F5other than persons who have taken a partial retirement pension.].
(2) Where this regulation applies, a lump sum equal to five times the rate of the relevant pension is to be paid in place of the lump sum payable to active members under regulation 112(a) and paragraph 2 of Schedule 14 to the 2015 Regulations.
[F6(3) In this regulation—
“partial retirement pension” means a pension under—
(a)
regulation E5A of the 1995 Regulations;
(b)
regulation 2.D.5 or 3.D.5 of the 2008 Regulations; or
(c)
regulation 84 of the 2015 Regulations; and
“the relevant pension” means where the member has not taken partial retirement from the new scheme pursuant to regulation 84 of the 2015 Regulations, an amount equal to—
(a)
if the member dies before reaching normal pension age in the new scheme, a tier 2 IHP within the meaning of regulation 90(1)(b) of the 2015 Regulations; or
(b)
if the member dies on or after reaching normal pension age in the new scheme, a pension under regulation 73 of the 2015 Regulations.]
Textual Amendments
F1Words in reg. 37 heading added (1.10.2023) by The National Health Service Pension Schemes (Partial Retirement etc.) (Amendment) Regulations 2023 (S.I. 2023/952), regs. 1(2), 33(2)
F2Words in reg. 37(1) substituted (1.4.2022) by The National Health Service Pension Schemes (Amendment) Regulations 2022 (S.I. 2022/327), regs. 1(2), 5(8)(a)
F3Words in reg. 37(1) substituted (1.4.2023) by The National Health Service Pension Schemes (Amendment) Regulations 2023 (S.I. 2023/301), regs. 1(2), 21
F4Words in reg. 37(1) inserted (1.4.2022) by The National Health Service Pension Schemes (Amendment) Regulations 2022 (S.I. 2022/327), regs. 1(2), 5(8)(b)
F5Words in reg. 37(1) added (1.10.2023) by The National Health Service Pension Schemes (Partial Retirement etc.) (Amendment) Regulations 2023 (S.I. 2023/952), regs. 1(2), 33(3)
F6Reg. 37(3) substituted (1.10.2023) by The National Health Service Pension Schemes (Partial Retirement etc.) (Amendment) Regulations 2023 (S.I. 2023/952), regs. 1(2), 33(4)
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