Legislation – The National Health Service Pension Schemes (Remediable Service) Regulations 2023
Changes to legislation:
There are currently no known outstanding effects for The National Health Service Pension Schemes (Remediable Service) Regulations 2023, Section 19.
Changes to Legislation
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PART 4Voluntary contributions
Treatment of additional contributions made under the legacy scheme: deferred choice members
19.
(1)
This regulation applies to a member—
(a)
who is a deferred choice member;
(b)
who is not a member to whom payment of part of a pension has been made pursuant to paragraph (2) of 2015 transitional regulation 25 (decoupling of benefits derived from additional contributions) in respect of additional pension resulting from an option under 1995 regulation Q8 or 1995 regulation Q10;
(c)
where, during the remedy period one or more of the following occurred—
(i)
the contribution option period began in relation to the member’s option to pay additional periodical contributions under 1995 regulation Q8, 2008 regulation 2.C.8 or 2008 regulation 3.C.6;
(ii)
the member’s employing authority paid to the Secretary of State the single lump sum contribution in relation to the member’s option under 1995 regulation Q10, 2008 regulation 2.C.10 or 2008 regulation 3.C.8;
(iii)
the member’s employing authority paid to the Secretary of State the single lump sum contribution in relation to that authority’s option under 1995 regulation Q11, 2008 regulation 2.C.11 or 2008 regulation 3.C.9 in respect of the member; and
(d)
in respect of whom a deferred choice election has been accepted by the scheme manager or treated by the scheme manager as having been made in accordance with regulation 12 (election for 2015 scheme benefits: deferred choice members and deceased members).
(2)
Where this regulation applies and the scheme manager determines that the benefits to be paid to or in respect of the remedy member for the member’s remediable service are to be determined in accordance with the 2015 Regulations, the scheme manager must, after having regard to the advice of the scheme actuary, vary the member’s rights to the additional pension purchased in respect of the options referred to in paragraph (1)(c) so that those rights are of an equivalent value to the additional pension rights the member would have secured if the contributions had been made in the relevant scheme year in which they were paid—
(a)
in respect of an election under 2015 regulation 64 where paragraph (1)(c)(i) applies to or in respect of the member, and
(b)
in respect of an election under 2015 regulation 62, where paragraph (1)(c)(ii) or (iii) applies to or in respect of the member.