Regulation 17 Meaning of “assumed pay”: salaried office holdersI1
United Kingdom
For the purpose of these Regulations, an active member of this scheme who is a salaried office holder (P) receives assumed pay in that office in respect of any period in which any of the circumstances in paragraph (3) apply (“period of assumed pay”).
For the purpose of paragraph (1), “assumed pay” means the amount equal to the pensionable earnings that P would have received in that period if those circumstances had not applied.
The circumstances are—
P is on sick leave on reduced pay;
P is receiving statutory pay; or
P is on secondment to a different employer under an arrangement providing for P to continue to be an active member of this scheme in relation to P’s service although P is paid by that employer.
Annotations
Textual amendments
- F1
Reg. 17(3)(b): comma substituted for word (6.4.2025) by The Neonatal Care Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2025 (S.I. 2025/201), regs. 1(2), 29(3)(a)
- F2
Words in reg. 17(3)(b) inserted (6.4.2025) by The Neonatal Care Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2025 (S.I. 2025/201), regs. 1(2), 29(3)(b)
Commencement
- I1
Reg. 17 in force at 1.4.2022, see reg. 1(4)