{
  "url": "https://openlegislation.uk/national-insurance-modification-of-trustee-savings-banks-pensions-regulations-1955/note",
  "json_url": "https://openlegislation.uk/national-insurance-modification-of-trustee-savings-banks-pensions-regulations-1955/note.json",
  "legislation": "uksi/1955/1472",
  "legislation_title": "The National Insurance (Modification of Trustee Savings Banks Pensions) Regulations 1955",
  "legislation_url": "https://openlegislation.uk/national-insurance-modification-of-trustee-savings-banks-pensions-regulations-1955",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "These Regulations abate the superannuation allowances payable to the staff of trustee savings banks in Great Britain and to the staff of the Trustee Savings Banks Inspection Committee when they become eligible for retirement pensions under the National Insurance Act, 1946, as civil service superannuation allowances are abated by S I 1948/498. When pensioners reach the age of 65 (60 for a woman) allowances payable under sections 64 to 69 of the Trustee Savings Banks Act, 1954 and the Trustee Savings Banks (Pensions) Order, 1955, will be reduced by specific amounts according to length of service. The Regulations apply only to staff joining on or after 1st October, 1955. The maximum reduction in any superannuation allowance is £67 15s. 0d. per annum.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1955/1472/note",
    "retrieved_at": "2026-10-30T01:24:43.313587+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."
}