# The Teachers’ Pension Scheme (Scotland) ( No. 2) Regulations 2014, Regulation 94: Cessation of phased retirement pension

Extent: S

(1) A phased retirement pension ceases to be payable to a member (P) if—
(a) in the 12 months after the entitlement day, the annual rate of P’s pensionable earnings increases; and
(b) as a result, the increased annual rate is more than 80% of the average annual rate of P’s pensionable earnings in—
(i) if P met the reduced annual rate condition, the 6 months of pensionable service immediately before the reduced annual rate took effect; or
(ii) if P met the new employment condition, the last 6 months of the previous employment.
(2) In this regulation, “increased annual rate” means the annual rate of P’s pensionable earnings in the 12 months after the entitlement day.

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Source: https://www.legislation.gov.uk/ssi/2014/292/regulation/94 (the official version)
Page: https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/regulation-94
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.