{
  "url": "https://openlegislation.uk/national-health-service-pension-scheme-regulations-2015/schedule-9/paragraph-15",
  "json_url": "https://openlegislation.uk/national-health-service-pension-scheme-regulations-2015/schedule-9/paragraph-15.json",
  "legislation": "uksi/2015/94",
  "legislation_title": "The National Health Service Pension Scheme Regulations 2015",
  "legislation_url": "https://openlegislation.uk/national-health-service-pension-scheme-regulations-2015",
  "path": "schedule/9/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": "Actuarial reduction buy-out",
  "text": "In relation to a scheme year which falls within a buy-out period (see regulation 45(4) and (5)) the entry in the account relating to the standard earned pension must note—\n(a) that a buy-out election has effect (unless it is revoked); and\n(b) the number of years in respect of which the actuarial reduction is to be bought out.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 9 para. 15 substituted (1.4.2015) by The National Health Service Pension Scheme, Injury Benefits and Additional Voluntary Contributions (Amendment) Regulations 2016 (S.I. 2016/245), regs. 1(8), 86 (with reg. 105)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/94/schedule/9/paragraph/15",
    "retrieved_at": "2026-10-28T23:49:26.680467+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."
}