# The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014, Regulation 55: Establishment of additional pension account

Extent: S

(1) An additional pension account must be established for each active member (P) in respect of whom an additional pension election is made.
(2) If P is an active member in relation to more than one employment, only one additional pension account is to be opened.
(3) The additional pension account must remain open until—
(a) an additional pension is paid in respect of P;
(b) a transfer value payment is made or a cash transfer sum is paid in respect of P’s rights to the accrued additional pension; or
(c) all additional pension contributions are refunded under Schedule 2.
(4) Part 2 of Schedule 2 has effect in relation to the making of an additional pension election.

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Source: https://www.legislation.gov.uk/ssi/2014/292/regulation/55 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-55
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.