# The Teachers’ Pension Scheme (Amendment) Regulations 2014, Regulation 9: Amendment to regulation 41 (Multiple employments including at least one irregular employment)


In regulation 41, for paragraph (2) substitute—
“(2) P’s full-time equivalent annual rate of pensionable earnings is the higher of—
(a) Figure 1; and
(b) either--
(i) Figure 2, if P is in more than one regular employment; or
(ii) Figure 3, if P is only in one regular employment;
where—
Figure 1 is obtained by dividing the sum of the annual rates of each of P’s employments by the total number of P’s employments;
Figure 2 is the annual rate of pensionable earnings for P’s regular employments as set out in paragraph (2) of regulation 40, disregarding P’s irregular employment or employments; and
Figure 3 is the full-time equivalent rate of pensionable earnings for P’s sole regular employment.”

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Source: https://www.legislation.gov.uk/uksi/2014/2652/regulation/9 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-amendment-regulations-2014/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.