Explanatory note

These Regulations further amend the National Health Service Pension Scheme Regulations 1995 (S.I. 1995/300) (“the 1995 Regulations”) and the National Health Service Pension Scheme Regulations 2008 (S.I. 2008/653) (“the 2008 Regulations”).

Regulation 1 provides for citation, commencement and effect, including that the provisions of this instrument are to take effect from a date before the date of commencement. Section 12(1) of the Superannuation Act 1972 (c.11) provides authority for these regulations to take effect from a date earlier than the making of this instrument.

Regulations 2 to 9 amend various provisions of the 1995 and 2008 Regulations and introduce revised pensionable pay bands or earnings bands for the purpose of assessing tiered contribution rates for members for the 2013 Scheme Year, which is the period of one year beginning on the 1st April 2013 and ending on 31st March 2014.

No impact assessment has been prepared for this instrument as it will not impose or reduce costs on business or the third sector nor will it result in costs to the public sector in excess of £5million.