# The Teachers' Pension Scheme Regulations 2014, Regulation 90: The reduced annual rate condition

Extent: E+W

A person (P) meets the reduced annual rate condition if—
(a) P is in one or more eligible employments;
(b) the terms of employment change and as a result there is a reduction in the annual rate of P's pensionable earnings; and
(c) the reduced annual rate is not more than 80% of the average annual rate of P's pensionable earnings for the 12 months of pensionable service immediately before the reduction.

---
Source: https://www.legislation.gov.uk/uksi/2014/512/regulation/90 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-regulations-2014/regulation-90
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.