{
  "url": "https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/schedule-2/paragraph-32",
  "json_url": "https://openlegislation.uk/teachers-pension-scheme-scotland-no-2-regulations-2014/schedule-2/paragraph-32.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": "schedule/2/paragraph/32",
  "kind": "paragraph",
  "number": "32",
  "heading": "Making a buy-out election",
  "text": "(1) A buy-out election made by a member (P) must state the number of years in respect of which the standard reduction is to be bought out.\n(2) A buy-out election must be made by written notice to the scheme manager.\n(3) The notice of election must specify—\n(a) if P is in more than one eligible employment, the name of the employer who is to deduct the contributions;\n(b) P’s name;\n(c) P’s date of birth;\n(d) P’s normal pension age;\n(e) the date on which P entered pensionable service;\n(f) P’s annual rate of pensionable earnings.\n(4) The scheme manager may ask P to provide further information.",
  "extent": "S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 32 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/schedule/2/paragraph/32",
    "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."
}