Legislation – The Firefighters’ Pensions (Remediable Service) Regulations 2023
Part 9Liabilities and payment
Chapter 3Reduction and waiver of liabilities
Agreement to waive a liability owed by the scheme manager in respect of an immediate correction64.
(1)
This regulation applies where the scheme manager owes a liability to pay compensation to a person (“P”) under section 16(3) of PSPJOA 2022.
(2)
The scheme manager and P may agree to waive the liability.
(3)
Such agreement—
(a)
must be in writing,
(b)
may be rescinded with the agreement of the scheme manager and P, and
(c)
in any event ceases to apply where—
(i)
the end of the section 10 election period in relation to the remediable service as a firefighter in respect of which compensation is payable has passed, and
(ii)
no section 10 election has been made (or deemed to have been made) in relation to that service.
(4)
Where an agreement is rescinded or otherwise ceases to apply, the scheme manager owes P the liability mentioned in paragraph (1).