{
  "url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/schedule-2/paragraph-33",
  "json_url": "https://openlegislation.uk/teachers-pension-scheme-regulations-2014/schedule-2/paragraph-33.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/33",
  "kind": "paragraph",
  "number": "33",
  "heading": "Determination of contributions payable",
  "text": "(1) The scheme manager must determine the amount of the monthly payments to be paid in respect of a buy-out election.\n(2) The scheme manager—\n(a) may determine the amount of the monthly payments by reference to the number of years stated in the buy-out election and the length of the contributions payment period; and\n(b) may exercise the functions under this paragraph so as to re-determine the amount of the monthly payments during the contributions payment period.\n(3) Unless the scheme manager re-determines the amount, monthly payments following a gap in service not exceeding 5 years are the same as before the gap.",
  "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/33",
    "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."
}