http://www.legislation.gov.uk/uksi/2023/843/regulation/25The Firefighters’ Pensions (Remediable Service) Regulations 2023PUBLIC SERVICE PENSIONS, ENGLANDStatute Law Database2024-04-30Expert Participation2024-02-09 The Public Service Pensions Act 2013 (c. 25) (“PSPA 2013”) makes provision, and confers powers to make further provision (in the form of “scheme regulations” as defined in section 1 of PSPA 2013) about the establishment of public service pension schemes. The Firefighters’ Pension Scheme (England) Regulations 2014 (S.I. 2014/2848”) (“the 2014 Regulations”) are the scheme regulations establishing the successor firefighters’ pension scheme (“the reformed scheme”) to the schemes established by the Firemen’s Pension Scheme Order 1992 (S.I. 1992/129) and the Firefighters’ Pension Scheme (England) Order 2006 (S.I. 2006/3432) (“the legacy schemes”). The 2014 Regulations provided for transitional protection for certain cohorts of legacy scheme members. Transitional protection of this sort was subsequently found to unlawfully discriminate between legacy scheme members on the basis of age. Part 4Provision about divorce and dissolution arrangementsChapter 1Pension credit and pension debit membersSection 3Information provided on or after 1st October 2023Information provided on or after 1st October 2023: recalculating D’s reduction of benefit 25 1 This regulation applies where D’s remediable relevant benefits are to be reduced in relation to a pension debit calculated under regulation 24(3). 2 The scheme manager must determine the alternative reduction amount in relation to D’s remediable relevant benefits— a as soon as reasonably practicable after the transfer day, and b having consulted the scheme actuary. 3 The “alternative reduction amount” is such amount as the scheme manager considers appropriate having regard to— a the cash equivalent of the remediable relevant benefits on valuation day as if they had been remediable relevant benefits secured in— i where the pension debit mentioned in paragraph (1) was calculated on the basis of the legacy scheme cash equivalent, the reformed scheme; ii where the pension debit was calculated on the basis of the reformed scheme cash equivalent, the legacy scheme; b the percentage value or the amount to be transferred specified in the relevant pension sharing order, and c the provisions of sections 29 and 31 of WRPA 1999. Reg. 25 in force at 1.10.2023, see reg. 1(b)
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<dc:title>The Firefighters’ Pensions (Remediable Service) Regulations 2023</dc:title>
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<dc:description>The Public Service Pensions Act 2013 (c. 25) (“PSPA 2013”) makes provision, and confers powers to make further provision (in the form of “scheme regulations” as defined in section 1 of PSPA 2013) about the establishment of public service pension schemes. The Firefighters’ Pension Scheme (England) Regulations 2014 (S.I. 2014/2848”) (“the 2014 Regulations”) are the scheme regulations establishing the successor firefighters’ pension scheme (“the reformed scheme”) to the schemes established by the Firemen’s Pension Scheme Order 1992 (S.I. 1992/129) and the Firefighters’ Pension Scheme (England) Order 2006 (S.I. 2006/3432) (“the legacy schemes”). The 2014 Regulations provided for transitional protection for certain cohorts of legacy scheme members. Transitional protection of this sort was subsequently found to unlawfully discriminate between legacy scheme members on the basis of age.</dc:description>
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25
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applies where D’s remediable relevant benefits are to be reduced in relation to a pension debit calculated under
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<Text>The scheme manager must determine the alternative reduction amount in relation to D’s remediable relevant benefits—</Text>
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<Text>The “alternative reduction amount” is such amount as the scheme manager considers appropriate having regard to—</Text>
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<Text>the cash equivalent of the remediable relevant benefits on valuation day as if they had been remediable relevant benefits secured in—</Text>
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where the pension debit mentioned in
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<Text>the percentage value or the amount to be transferred specified in the relevant pension sharing order, and</Text>
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in force at 1.10.2023, see
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