{
  "url": "https://openlegislation.uk/national-health-service-pension-scheme-regulations-2015/schedule-9/paragraph-9",
  "json_url": "https://openlegislation.uk/national-health-service-pension-scheme-regulations-2015/schedule-9/paragraph-9.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/9",
  "kind": "paragraph",
  "number": "9",
  "heading": "Meaning of “actuarial reduction”",
  "text": "(1) In these Regulations, “actuarial reduction” means the actuarial reduction that is applied (after obtaining the advice of the scheme actuary) when calculating the annual rate of pension payable to a member who, on the entitlement day for a pension other than a pension specified in sub-paragraph (2) has not reached normal pension age.\n(2) The pensions are—\n(a) an age retirement pension;\n(b) a premature retirement pension unless the additional contribution option applies (see regulation 32(7);\n(c) an ill-health pension.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/94/schedule/9/paragraph/9",
    "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."
}