The National Health Service Pension Scheme, Injury Benefits and Additional Voluntary Contributions (Amendment) Regulations 2016

PART 7 Amendment of the National Health Service Pension Scheme (Additional Voluntary Contributions) Regulations 2000

General

100.  The National Health Service Pension Scheme (Additional Voluntary Contributions) Regulations 2000(1) are amended in accordance with this Part.

Amendment of regulation 3

101.  For sub-paragraph (a) of paragraph (5) of regulation 3 (making and acceptance of elections), substitute—

“(a) where any limit imposed by regulation 4(4) would be exceeded; or”.

Amendment of regulation 11

102.  In regulation 11 (retirement and dependants benefits)—

(a) in paragraph (1), after sub-paragraph (d) add—

“(e) a lifetime allowance excess lump sum referred to in section 166(1)(g) of the 2004 Act(2).”;

(b) in paragraph (11), omit “, subject to any limit imposed by regulation 13,”.

Omission of regulation 13

103.  Omit regulation 13 (benefit limits).

Amendment of regulation 15

104.  In paragraph (3) of regulation 15 (payments by the Secretary of State), for “11(7)(f) and (10)” substitute “11(8)(f) and (11)”.

(1)

S.I. 2000/619.

(2)

Section 166(1) of the Finance Act 2004 (c. 12) provides for the “lump sum rule”. Under that rule, no lump sum may be paid by a registered pension scheme to a member unless it is a lump sum specified in paragraphs (a) to (h) of section 166(1).