{
  "url": "https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-160",
  "json_url": "https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-160.json",
  "legislation": "ssi/2014/292",
  "legislation_title": "The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014",
  "path": "regulation/160",
  "kind": "regulation",
  "number": "160",
  "heading": "Payment of pension",
  "text": "(1) This regulation applies to the payment of a pension.\n(2) A pension is normally to be paid monthly, but—\n(a) may, on the application of the person entitled to it, be paid quarterly; or\n(b) may be paid in such instalments and at such intervals as the scheme manager may think appropriate.\n(3) Where payment of any such sum is due in respect of a period which is less than the interval at which it is payable—\n(a) the amount payable in respect of each complete month of the period shall be 1/12th of the annual rate of the sum; and\n(b) the amount payable in respect of a period of less than 1 complete month shall be—\nA 12 × B C\n(4) In paragraph (3)(b)—\n(a) A is the annual rate of the pension;\n(b) B is the number of days in respect of which the benefit is payable; and\n(c) C is the total number of days in the month in which the days in B fall.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 160 in force at 1.4.2015, see reg. 1(2)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ssi/2014/292/regulation/160",
    "retrieved_at": "2026-10-28T21:33:09.984508+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."
}