# The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014, Regulation 87: The reduced annual rate condition

Extent: S

A person (P) meets the reduced annual rate condition if—
(a) P is in one or more eligible employments;
(b) the terms of employment change and as a result there is a reduction in the annual amount of P’s pensionable earnings; and
(c) the reduced annual rate is not more than 80% of the average annual rate of P’s pensionable earnings for the 6 months of pensionable service immediately before the reduction.

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Source: https://www.legislation.gov.uk/ssi/2014/292/regulation/87 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-87
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.