Legislation – The Teachers’ Pension Scheme (Remediable Service) Regulations 2023
Changes to legislation:
There are currently no known outstanding effects for The Teachers’ Pension Scheme (Remediable Service) Regulations 2023, Section 72.
Changes to Legislation
Revised legislation carried on this site may not be fully up to date. At the current time any known changes or effects made by subsequent legislation have been applied to the text of the legislation you are viewing by the editorial team. Please see ‘Frequently Asked Questions’ for details regarding the timescales for which new effects are identified and recorded on this site.
PART 8Liabilities and payment
CHAPTER 2Interest, compensation and netting off
Applications for compensation or indirect compensation72.
(1)
This regulation applies in relation to—
(a)
the payment of a relevant amount by way of compensation under section 23(1) of PSPJOA 2022;
(b)
the increase of benefits by way of indirect compensation under regulation 71.
(2)
The relevant amount is not payable, or (as the case may be) the benefits are not to be increased, except where—
(a)
an application is made in accordance with direction 18(1) and (2) of the PSP Directions 2022,
(b)
the application is accompanied by such information that the scheme manager may by written notice require the person making the application (“P”) to provide in relation to the proposed compensation which is—
(i)
information within P’s possession, or
(ii)
information which P may reasonably be expected to obtain, and
(c)
the scheme manager makes a determination in accordance with direction 18(3) of those Directions.
(3)
The following apply in relation to a determination in accordance with direction 18(3) of the PSP Directions 2022—
(a)
direction 18(4) (provision of explanation);
(b)
direction 18(5) and (6) (appeals).