Regulation P15 Payments by employing authorities to administering authorities

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg. P15 amended by Local Government Superannuation 1989
reg. P15(3) applied by Local Government Pension Scheme (Transitional Provisions) 1998 reg. 4
reg. and 9(3)(a)-(e) replaced (by reg.E9(3)(a)-(d)) by Local Government Superannuation 1997 reg.16
reg. P15 amended by Local Government Superannuation 1988

(1)

Every scheduled body who are not an administering authority shall pay to the appropriate administering authority, at such intervals of not more than 12 months as that authority may determine—

(a)

all amounts from time to time deducted from the remuneration of their pensionable employees under these Regulations,

(b)

any amounts received by them under regulation C4, by deduction from remuneration or otherwise, during the interval,

(c)

any amount due under regulation P13(1) and (5),

(d)

any extra charge payable under regulation P14, the amount of which has been notified to them by the administering authority during the interval, and

(e)

a contribution towards the cost of the administration of the fund of which their pensionable employees are members.

(2)

The annual amount of the contributions payable under paragraph (1)(e) is to be agreed between the body concerned and the administering authority or, in default of agreement, determined by the Secretary of State.

(3)

Payments made in pursuance of, and interest paid under paragraph (6) on sums due under, paragraph (1)(a) to (d) shall be carried to the appropriate superannuation fund.

(4)

Subject to paragraph (5), every payment under paragraph (1)(a) is to be accompanied by a statement showing—

(a)

the name and remuneration of each of the pensionable employees in relation to whom the payment is made,

(b)

the amounts comprised in the payment which represent deductions from the remuneration of each of those employees and the periods in respect of which the deductions were made,

(c)

the amount of the remuneration of those employees from or in respect of whom deductions have not been made, and

(d)

the names of any pensionable employees from whose remuneration no deductions have been made.

(5)

An administering authority may direct that, instead of complying with paragraph (4), the bodies making payments to them under paragraph (1)(a) are to provide them with the information mentioned in paragraph (4) in such form, and at such intervals of not more than 12 months, as may be specified in the direct1on.

(6)

If all or part of any sum due under the provisions of this regulation remains unpaid at the end of the period of one month after the date on which it becomes due, or of any subsequent period of one month, the employing authority shall pay to the administering authority a further sum equal to one-twelfth of a year’s interest, at one per cent above what was the base rate at the end of the first day of the period, on the amount remaining unpaid.