Paragraph 23 Other rules, practices, actions and decisions relating to benefitI1

England, Wales and Scotland

When determining a member’s pensionable pay by reference to which any age related benefit or death benefit payable to or in respect of a member is calculated, to exclude from the member’s remuneration an amount which—

(a)

does not exceed one and a half times the lower earnings limit;

(b)

does not exceed an amount calculated by reference to the lower earnings limit where the aim is more or less to reflect the amount of the basic state retirement pension; or

(c)

does not exceed an amount calculated more or less to reflect the amount of the basic state retirement pension plus the additional state retirement pensionF1; or

(d)

does not exceed an amount calculated more or less to reflect the amount of the state pension under Part 1 of the Pensions Act 2014.

Annotations

Textual amendments

F1: Sch. 1 para. 23(d) and word inserted (coming into force in accordance with art. 1(2)(b) of the amending S.I.) by The Pensions Act 2014 (Consequential, Supplementary and Incidental Amendments) Order 2015 (S.I. 2015/1985), arts. 1(2)(b), 35(3)(d)

Commencement

I1: Sch. 1 para. 23 in force at 1.10.2010, see art. 1