# The Public Service Pensions (Employer Cost Cap) Regulations 2014, Regulation 4: Target cost

Extent: E+W+S+N.I.

For cases where the cost of a relevant scheme exceeds the upper margin set out in regulation 3, or falls below the lower margin set out in regulation 3, the target cost will be the same as the employer cost cap of the scheme.

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Source: https://www.legislation.gov.uk/uksi/2014/575/regulation/4 (the official version)
Page: https://openlegislation.uk/public-service-pensions-employer-cost-cap-regulations-2014/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.