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55.—(1) The Local Government Pension Scheme Regulations 2013(1) are modified as follows.
(2) After regulation 64(8) (special circumstances where revised actuarial valuations and certificates must be obtained), insert—
“(8A) Paragraph (8B) applies where the exiting employer is the Police and Crime Commissioner for the area and the liabilities of the fund in respect of benefits due to the Commissioner’s current and former employees (or those of any predecessor authority) have been or are to be transferred to the Combined Authority by virtue of the South Yorkshire Mayoral Combined Authority (Election of Mayor and Transfer of Police and Crime Commissioner Functions) Order 2024.
(8B) Where this paragraph applies, no exit payment is due under paragraph (1) and paragraph (2) does not apply.”.
S.I. 2013/2356. There are amendments not relevant to this instrument.
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