{
  "url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/schedule-2/paragraph-22",
  "json_url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/schedule-2/paragraph-22.json",
  "legislation": "uksi/2014/512",
  "legislation_title": "The Teachers' Pension Scheme Regulations 2014",
  "legislation_url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014",
  "path": "schedule/2/paragraph/22",
  "kind": "paragraph",
  "number": "22",
  "heading": "Faster accrual election",
  "text": "(1) This paragraph applies to a person (P) who—\n(a) is in pensionable service under this scheme in relation to an employment; and\n(b) has not reached normal pension age under this scheme.\n(2) P may elect, in relation to an employment, to pay contributions to accrue earned pension at a faster accrual rate in any financial year (“faster accrual election”).\n(3) A faster accrual election must state the faster accrual rate which is to apply to P's pensionable earnings in that employment for that financial year.\n(4) A faster accrual election must be made—\n(a) if P was not in pensionable service in relation to that employment in that financial year, within one month after P enters pensionable service in relation to that employment; or\n(b) otherwise, in the financial year before the financial year to which it relates.\n(5) A faster accrual election has effect as follows—\n(a) if sub-paragraph (4)(a) applies, from one month after the election is received by the scheme manager; or\n(b) otherwise, from the start of the financial year to which it relates.\n(6) A faster accrual election ceases to have effect at the end of the financial year to which it relates unless it is revoked before then.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/512/schedule/2/paragraph/22",
    "retrieved_at": "2026-10-29T00:24:37.807691+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."
}