# The Teachers' Pension Scheme Regulations 2014, Regulation 97: Cessation of phased retirement pension

Extent: E+W

A phased retirement pension ceases to be payable to a member (P) if—
(a) in the 12 months after the entitlement day, the annual rate of P's pensionable earnings increases; and
(b) as a result, the annual amount of P's pensionable earnings in that 12 month period is more than 80% of the average annual rate—
(i) if P met the reduced annual rate condition, in the 12 months of pensionable service immediately before the reduced annual rate took effect; or
(ii) if P met the new employment condition, in the last 12 months of the previous employment.

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Source: https://www.legislation.gov.uk/uksi/2014/512/regulation/97 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-regulations-2014/regulation-97
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.