OpenLegislation

Regulation 4B Statutory underpin: retirement, redundancy, ill healthF1C1

(1)

This regulation applies in relation to an eligible member whose final underpin date is that in regulation 4H(1)(a), (c), (d) or (e) (statutory underpin: final underpin date).

(2)

The pension account to which the final underpin date relates is to be increased by any final guarantee amount calculated in relation to that pension account.

(3)

The pension account is to be increased on the day after the eligible member’s final underpin date.

Annotations

Textual amendments

F1

Regs. 4A-4V inserted (1.10.2023) by The Local Government Pension Scheme (Amendment) (No. 3) Regulations 2023 (S.I. 2023/972), regs. 1(2), 2(4)

Modifications

C1

Regs. 4A-4V restricted (14.7.2026 for the tax year 2014-15 and subsequent tax years) by The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2026 (S.I. 2026/673), regs. 1(2)(5), 15