Regulation 34 Amounts not forming part of pensionable earningsI1

Scotland

(1)

This regulation applies to any active member (P).

(2)

P’s pensionable earnings do not include any of the following amounts paid to P by P’s employer—

(a)

any benefit in kind, or the money value of such a benefit, excluding—

(i)

any residential benefits in kind; or

(ii)

a benefit in kind under a salary sacrifice arrangement;

(b)

any bonus other than a payment under regulation 33(2)(e));

(c)

any allowance paid for travelling or other expenses;

(d)

any amount paid for the performance of duties that are not carried out in the course of P’s pensionable service;

(e)

any payment in consideration for the loss of, or the agreement to give up the right to, paid leave under P’s contract of employment;

(f)

any payment in lieu of notice to terminate P’s contract of employment.

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