{
  "url": "https://openlegislation.uk/teachers-compensation-for-redundancy-and-premature-retirement-regulations-2015/regulation-23",
  "json_url": "https://openlegislation.uk/teachers-compensation-for-redundancy-and-premature-retirement-regulations-2015/regulation-23.json",
  "legislation": "uksi/2015/601",
  "legislation_title": "The Teachers (Compensation for Redundancy and Premature Retirement) Regulations 2015",
  "legislation_url": "https://openlegislation.uk/teachers-compensation-for-redundancy-and-premature-retirement-regulations-2015",
  "path": "regulation/23",
  "kind": "regulation",
  "number": "23",
  "heading": "Adult Compensation",
  "text": "Subject to regulation 29, the rate of the long-term compensation payable to a person (P) who is not a child (“adult compensation”) is—\n(a) if P is a member of the existing scheme with a normal pension age of 60, one half of the notional annual compensation rate;\n(b) if P is a member of an existing scheme with a normal pension age of 65, a transition member or a member of the 2015 scheme, 37.5% of the notional annual compensation rate.",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 23(b) substituted for reg. 23(b)(c) (with effect from 1.4.2015) by The Teachers' Pensions Schemes (Amendment) Regulations 2019 (S.I. 2019/1134), regs. 1(1)(4), 33"
    },
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 23 in force at 1.4.2015, see reg. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2015/601/regulation/23",
    "retrieved_at": "2026-10-28T23:43:40.398465+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."
}