# The Teachers’ Pension Scheme (Consequential Provisions) Regulations 2015, Regulation 15: Annual allowance charge


(1) This regulation applies to a person (P) who—
(a) is a member of the old scheme whether by virtue of pensionable service for that scheme or deemed transfer scheme service under paragraph 2 of Schedule 7 to the 2013 Act (final salary link);
(b) is a member of the new scheme by virtue of pensionable service for the new scheme; and
(c) becomes entitled to payment of an ill-health pension under regulation 110 of the Teachers’ Pension Scheme Regulations 2014.
(2) Section 234 of the Finance Act 2004 (defined benefits arrangements) is modified in its application to P as specified in paragraph (3).
(3) When calculating the closing value of P’s rights under the new scheme for the pension input period during which P becomes entitled to payment of the ill-health pension, the element of the ill-health pension that represents pensionable service for the old scheme is not to be counted as being part of the closing value.

---
Source: https://www.legislation.gov.uk/ukdsi/2015/9780111125922/regulation/15 (the official version)
Page: https://openlegislation.uk/draft-teachers-pension-scheme-consequential-provisions-regulations-2015/regulation-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.