Reg. 22 in force at 1.10.2023, see reg. 1(3)

Words in reg. 22(2) inserted (21.10.2024) by The Firefighters’ Pension Schemes (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/972), regs. 2, 4(2)

http://www.legislation.gov.uk/wsi/2023/961/regulation/22The Firefighters’ Pensions (Remediable Service) (Wales) Regulations 2023enPUBLIC SERVICE PENSIONS, WALESStatute Law Database2024-11-19Expert Participation2024-10-21The Public Service Pensions Act 2013 (“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 (Wales) Regulations 2015 (“the 2015 scheme”) 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 and the Firefighters’ Pension Scheme (Wales) Order 2007 (“the legacy schemes”). The 2015 scheme provided for transitional protection for certain cohorts of members of legacy schemes, which were found to unlawfully discriminate between members on the basis of age.PART 4Provision about divorce and dissolution arrangements CHAPTER 1Pension credit and pension debit members
SECTION 2Pension sharing orders: information provided before 1 October 2023 Meaning of “alternative amount” 22.(1)

Alternative amount” means—

(a)

in relation to a relevant pension sharing order that does not relate to mixed service, and—

(i)

where the initial amount was determined under section 29(2) of WRPA 1999 in relation to a percentage value to be transferred from the initial scheme, the amount that would have been determined applying the relevant percentage value under section 29(2) on the valuation day if the remediable relevant benefits had been secured in the alternative scheme;

(ii)

where the initial amount was determined under section 29(3) of WRPA 1999 in relation to an amount to be transferred from the initial scheme, the amount equal to the implied percentage of the cash equivalent of the remediable relevant benefits on the valuation day determined as if the remediable relevant benefits had been secured in the alternative scheme;

(b)

in relation to a relevant pension sharing order that relates to mixed service, the greater of—

(i)

the legacy scheme amount, and

(ii)

the 2015 scheme amount.

(2)

In paragraph (1)(b)—

2015 scheme amount” (“swm cynllun 2015”) means where the initial amount was determined in relation to—

(a)

a percentage value to be transferred from both the legacy scheme and the 2015 scheme, the amount that would have been determined applying—

(i)

in relation to pre-taper remediable relevant benefits, the legacy scheme percentage value, and

(ii)

in relation to post-taper remediable relevant benefits, the 2015 scheme percentage value,

under section 29(2) of WRPA 1999 on the valuation day if all of the remediable relevant benefits had been secured in the 2015 scheme;

(b)

an amount to be transferred from both the legacy scheme and the 2015 scheme, the amount equal to the implied percentage of the cash equivalent of the remediable relevant benefits on the valuation day determined as if all of the remediable relevant benefits had been secured in the 2015 scheme.

legacy scheme amount” (“swm cynllun gwaddol”) means, where the initial amount was determined in relation to—

(a)

a percentage value to be transferred from both the legacy scheme and the 2015 scheme, the amount that would have been determined applying—

(i)

in relation to pre-taper remediable relevant benefits, the legacy scheme percentage value, and

(ii)

in relation to post-taper remediable relevant benefits, the 2015 scheme percentage value,

under section 29(2) of WRPA 1999 on the valuation day if all of the remediable relevant benefits had been secured in the legacy scheme;

(b)

an amount to be transferred from both the legacy scheme and the 2015 scheme, the amount equal to the implied percentage of the cash equivalent of the remediable relevant benefits on the valuation day determined as if all of the remediable relevant benefits had been secured in the legacy scheme;

(3)

In this regulation—

2015 scheme percentage value” (“gwerth canrannol cynllun 2015”) means the percentage value specified in a relevant pension sharing order in relation to the 2015 scheme for the purpose of determining an amount under section 29(2) of WRPA 1999;

implied percentage” (“canran ymhlyg”), in relation to the value of benefits under a firefighters’ pension scheme, means the percentage that an initial amount determined under section 29(3) of WRPA 1999 represented of the cash equivalent of the remediable relevant benefits on the valuation day;

legacy scheme percentage value” (“gwerth canrannol cynllun gwaddol”) means the percentage value specified in a relevant pension sharing order in relation to D’s legacy scheme for the purpose of determining an amount under section 29(2) of WRPA 1999;

post-taper remediable relevant benefits” (“buddion perthnasol rhwymedïol ar ôl tapro”) means the remediable relevant benefits to which a corresponding pension debit member (“D”) is entitled by virtue of remediable shareable rights secured by virtue of D’s remediable service after D’s tapered protection closing date;

pre-taper remediable relevant benefits” (“buddion perthnasol rhwymedïol cyn tapro”) means remediable relevant benefits to which D is entitled by virtue of remediable shareable rights secured by virtue of D’s remediable service on or before D’s tapered protection closing date;

relevant percentage value” (“gwerth canrannol perthnasol”) means—

(a)

where the relevant pension sharing order specifies a percentage value in relation to only the initial scheme for the purpose of determining an amount under section 29(2) of WRPA 1999, that percentage value;

(b)

otherwise, the percentage value that is specified in relation to the alternative scheme;

tapered protection closing date” (“dyddiad cau diogelwch taprog”), in relation to D, has the meaning given in paragraph 3 of Schedule 2 to the 2015 Regulations.

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Reg. 22 in force at 1.10.2023, see
<ref eId="nab18e2cd1c2ca8ca" class="subref operative" href="http://www.legislation.gov.uk/id/wsi/2023/961/regulation/1/3">reg. 1(3)</ref>
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<note ukl:Name="Commentary" ukl:Type="F" class="commentary F" eId="key-f4e9c550e1aab1109b4bb040479b9d8b" marker="F1">
<p>
Words in
<ref eId="claofti45-00006" class="subref" href="http://www.legislation.gov.uk/id/wsi/2023/961/regulation/22/2">reg. 22(2)</ref>
inserted (21.10.2024) by
<ref eId="claofti45-00007" href="http://www.legislation.gov.uk/id/wsi/2024/972">The Firefighters’ Pension Schemes (Miscellaneous Amendments) (Wales) Regulations 2024 (S.I. 2024/972)</ref>
,
<ref eId="claofti45-00008" class="subref" href="http://www.legislation.gov.uk/id/wsi/2024/972/regulation/2">regs. 2</ref>
,
<ref eId="claofti45-00009" class="subref operative" href="http://www.legislation.gov.uk/id/wsi/2024/972/regulation/4/2">4(2)</ref>
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<heading>Pension credit and pension debit members </heading>
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<num>SECTION 2</num>
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<heading>Meaning of “alternative amount” </heading>
<num>22.</num>
<paragraph eId="regulation-22-1">
<num>(1)</num>
<intro>
<p>
<term refersTo="#term-alternative-amount" eId="term-alternative-amount">Alternative amount</term>
” means—
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<level class="para1" eId="regulation-22-1-a">
<num>(a)</num>
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<p>in relation to a relevant pension sharing order that does not relate to mixed service, and—</p>
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<p>where the initial amount was determined under section 29(2) of WRPA 1999 in relation to a percentage value to be transferred from the initial scheme, the amount that would have been determined applying the relevant percentage value under section 29(2) on the valuation day if the remediable relevant benefits had been secured in the alternative scheme;</p>
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<level class="para1" eId="regulation-22-1-b">
<num>(b)</num>
<intro>
<p>in relation to a relevant pension sharing order that relates to mixed service, the greater of—</p>
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<level class="para2" eId="regulation-22-1-b-i">
<num>(i)</num>
<content>
<p>the legacy scheme amount, and</p>
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<level class="para2" eId="regulation-22-1-b-ii">
<num>(ii)</num>
<content>
<p>the 2015 scheme amount.</p>
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<p>In paragraph (1)(b)—</p>
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<p>
<term refersTo="#term-2015-scheme-amount" eId="term-2015-scheme-amount">2015 scheme amount</term>
” (“
<term refersTo="#term-swm-cynllun-2015">
<i>swm cynllun 2015</i>
</term>
”) means where the initial amount was determined in relation to—
</p>
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<num>(a)</num>
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<p>a percentage value to be transferred from both the legacy scheme and the 2015 scheme, the amount that would have been determined applying—</p>
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<p>an amount to be transferred from both the legacy scheme and the 2015 scheme, the amount equal to the implied percentage of the cash equivalent of the remediable relevant benefits on the valuation day determined as if all of the remediable relevant benefits had been secured in the 2015 scheme.</p>
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<hcontainer name="definition">
<intro>
<p>
<term refersTo="#term-legacy-scheme-amount" eId="term-legacy-scheme-amount">legacy scheme amount</term>
” (“
<term refersTo="#term-swm-cynllun-gwaddol">
<i>swm cynllun gwaddol</i>
</term>
”) means, where the initial amount was determined in relation to—
</p>
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<level class="para1">
<num>(a)</num>
<content>
<p>a percentage value to be transferred from both the legacy scheme and the 2015 scheme, the amount that would have been determined applying—</p>
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under section 29(2)
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<num>(b)</num>
<content>
<p>an amount to be transferred from both the legacy scheme and the 2015 scheme, the amount equal to the implied percentage of the cash equivalent of the remediable relevant benefits on the valuation day determined as if all of the remediable relevant benefits had been secured in the legacy scheme;</p>
</content>
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<paragraph eId="regulation-22-3">
<num>(3)</num>
<intro>
<p>In this regulation—</p>
</intro>
<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-2015-scheme-percentage-value" eId="term-2015-scheme-percentage-value">2015 scheme percentage value</term>
” (“
<term refersTo="#term-gwerth-canrannol-cynllun-2015">
<i>gwerth canrannol cynllun 2015</i>
</term>
”) means the percentage value specified in a relevant pension sharing order in relation to the 2015 scheme for the purpose of determining an amount under section 29(2) of WRPA 1999;
</p>
</content>
</hcontainer>
<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-implied-percentage" eId="term-implied-percentage">implied percentage</term>
” (“
<term refersTo="#term-canran-ymhlyg">
<i>canran ymhlyg</i>
</term>
”), in relation to the value of benefits under a firefighters’ pension scheme, means the percentage that an initial amount determined under section 29(3) of WRPA 1999 represented of the cash equivalent of the remediable relevant benefits on the valuation day;
</p>
</content>
</hcontainer>
<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-legacy-scheme-percentage-value" eId="term-legacy-scheme-percentage-value">legacy scheme percentage value</term>
” (“
<term refersTo="#term-gwerth-canrannol-cynllun-gwaddol">
<i>gwerth canrannol cynllun gwaddol</i>
</term>
”) means the percentage value specified in a relevant pension sharing order in relation to D’s legacy scheme for the purpose of determining an amount under section 29(2) of WRPA 1999;
</p>
</content>
</hcontainer>
<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-post-taper-remediable-relevant-benefits" eId="term-post-taper-remediable-relevant-benefits">post-taper remediable relevant benefits</term>
” (“
<term refersTo="#term-buddion-perthnasol-rhwymedïol-ar-ôl-tapro">
<i>buddion perthnasol rhwymedïol ar ôl tapro</i>
</term>
”) means the remediable relevant benefits to which a corresponding pension debit member (“
<term refersTo="#term-d" eId="term-d">D</term>
”) is entitled by virtue of remediable shareable rights secured by virtue of D’s remediable service after D’s tapered protection closing date;
</p>
</content>
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<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-pre-taper-remediable-relevant-benefits" eId="term-pre-taper-remediable-relevant-benefits">pre-taper remediable relevant benefits</term>
” (“
<term refersTo="#term-buddion-perthnasol-rhwymedïol-cyn-tapro">
<i>buddion perthnasol rhwymedïol cyn tapro</i>
</term>
”) means remediable relevant benefits to which D is entitled by virtue of remediable shareable rights secured by virtue of D’s remediable service on or before D’s tapered protection closing date;
</p>
</content>
</hcontainer>
<hcontainer name="definition">
<intro>
<p>
<term refersTo="#term-relevant-percentage-value" eId="term-relevant-percentage-value">relevant percentage value</term>
” (“
<term refersTo="#term-gwerth-canrannol-perthnasol">
<i>gwerth canrannol perthnasol</i>
</term>
”) means—
</p>
</intro>
<level class="para1">
<num>(a)</num>
<content>
<p>where the relevant pension sharing order specifies a percentage value in relation to only the initial scheme for the purpose of determining an amount under section 29(2) of WRPA 1999, that percentage value;</p>
</content>
</level>
<level class="para1">
<num>(b)</num>
<content>
<p>otherwise, the percentage value that is specified in relation to the alternative scheme;</p>
</content>
</level>
</hcontainer>
<hcontainer name="definition">
<content>
<p>
<term refersTo="#term-tapered-protection-closing-date" eId="term-tapered-protection-closing-date">tapered protection closing date</term>
” (“
<term refersTo="#term-dyddiad-cau-diogelwch-taprog">
<i>dyddiad cau diogelwch taprog</i>
</term>
”), in relation to D, has the meaning given in paragraph 3 of Schedule 2 to the 2015 Regulations.
</p>
</content>
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