{
  "url": "https://openlegislation.uk/national-health-service-pension-scheme-amendment-regulations-2011/regulation-3",
  "json_url": "https://openlegislation.uk/national-health-service-pension-scheme-amendment-regulations-2011/regulation-3.json",
  "legislation": "uksi/2011/591",
  "legislation_title": "The National Health Service Pension Scheme (Amendment) Regulations 2011",
  "legislation_url": "https://openlegislation.uk/national-health-service-pension-scheme-amendment-regulations-2011",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendment of the National Health Service Pension Scheme Regulations 2008",
  "text": "(1) The National Health Service Pension Scheme Regulations 2008 are amended as follows.\n(2) In regulation 2.C.17 (revaluation of increases bought under options: members’ pensions)—\n(a) in paragraph (3), for “paragraph (5)” substitute “whichever of paragraphs (5) or (5A) applies”;\n(b) in paragraph (5), for “The calculation” substitute “If the member exercised the option on or before 31 March 2011, the calculation”;\n(c) after paragraph (5), add—\n“(5A) If the member exercised the option on or after 1 April 2011, the calculation referred to in paragraph (3) is as follows—\nStep 1 –\nCalculate the basic amount of the increase in accordance with regulations 2.C.14 to 2.C.16, to find the Step 1 amount.\nStep 2 –\nMultiply the Step 1 amount by the prices index for the second month before the month in which the increase in pension will become payable, to find the Step 2 amount.\nStep 3 –\nDivide the Step 2 amount by the prices index for the month in which the option was exercised, to find the Step 3 amount.\nStep 4 –\nTake the greater of the Step 1 amount and Step 3 amount, to find the Step 4 amount.\nStep 5 –\nAdd to the Step 4 amount an amount that is equal to any increases that would be due under the Pensions (Increase) Act 1971 on a pension of the same amount as the Step 4 amount when it first falls into payment, to find the Step 5 amount.\nStep 6 –\nDivide the Step 5 amount by the Step 4 amount, to find the Step 6 factor.\nStep 7 –\nDivide the Step 4 amount by the Step 6 factor to find the final amount referred to in paragraph (1).;\n”\n(d) in paragraph (6), after “that Act)” insert “and “the prices index” means, as regards any month, the change in the general level of prices for that month used to determine increases to official pensions for the purposes of that Act”.\n(3) In regulation 3.C.15 (revaluation of increases bought under options: members’ pensions)—\n(a) in paragraph (3), for “paragraph (5)” substitute “whichever of paragraphs (5) or (5A) applies”;\n(b) in paragraph (5), for “The calculation” substitute “If the member exercised the option on or before 31 March 2011, the calculation”;\n(c) after paragraph (5), add—\n“(5A) If the member exercised the option on or after 1 April 2011, the calculation referred to in paragraph (3) is as follows—\nStep 1 –\nCalculate the basic amount of the increase in accordance with regulations 3.C.12 to 3.C.14, to find the Step 1 amount.\nStep 2 –\nMultiply the Step 1 amount by the prices index for the second month before the month in which the increase in pension will become payable, to find the Step 2 amount.\nStep 3 –\nDivide the Step 2 amount by the prices index for the month in which the option was exercised, to find the Step 3 amount.\nStep 4 –\nTake the greater of the Step 1 amount and Step 3 amount, to find the Step 4 amount.\nStep 5 –\nAdd to the Step 4 amount an amount that is equal to any increases that would be due under the Pensions (Increase) Act 1971 on a pension of the same amount as the Step 4 amount when it first falls into payment, to find the Step 5 amount.\nStep 6 –\nDivide the Step 5 amount by the Step 4 amount, to find the Step 6 factor.\nStep 7 –\nDivide the Step 4 amount by the Step 6 factor to find the final amount referred to in paragraph (1).;\n”\n(d) in paragraph (6), after “that Act)” insert “and “the prices index” means, as regards any month, the change in the general level of prices for that month used to determine increases to official pensions for the purposes of that Act”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2008/653 as amended by S.I. 2008/2263, 2009/381, 1298 and 2446 and 2010/492 and 1634."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/591/regulation/3",
    "retrieved_at": "2026-10-29T02:14:36.658125+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}