{
  "url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-regulations-2011/note",
  "json_url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-regulations-2011/note.json",
  "legislation": "uksi/2011/614",
  "legislation_title": "The Teachers’ Pensions (Miscellaneous Amendments) Regulations 2011",
  "legislation_url": "https://openlegislation.uk/teachers-pensions-miscellaneous-amendments-regulations-2011",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Teachers’ Superannuation (Additional Voluntary Contributions) Regulations 1994 and the Teachers’ Pensions Regulations 2010.\nSchedule 1 amends the Teachers’ Superannuation (Additional Voluntary Contributions) Regulations 1994.\nThe amendments in paragraphs 1 and 3 of that Schedule provide an option, additional to those presently available, to person making elections regarding annuities to be purchased. The additional option is for the annuity to increase in accordance with a prices index other than the retail prices index (for example, the consumer prices index).\nThe effect of the amendment in paragraph 2(1) of that Schedule is that individuals who have already become entitled to retirement benefits may request the payment of a transfer value to another registered pension scheme of funds arising from the investment of additional voluntary contributions, in addition to others who may already do so. The amendment in paragraph 2(2) of that Schedule provides that such a transfer value is not payable where the individual has made an election for the purchase of an annuity and, if relevant, payment of a lump sum.\nSchedule 2 amends the Teachers’ Pensions Regulations 2010.\nParagraph 1 of that Schedule makes provision in relation to additional paternity leave and additional statutory paternity pay, giving the same recognition to such rights under the Teachers’ Pensions Regulations 2010 as is given to paternity leave and statutory paternity pay.\nParagraphs 2, 4(3), 6, 7, 8, and 12 of that Schedule effect a change in the reference index for the uprating of various figures from the retail prices index, with savings where relevant. The amendments either refer to the consumer prices index directly or apply uprating under the Pensions (Increase) Act 1971; the Government announced on 22 June 2010 that such uprating would, from April 2011, be calculated by reference to the consumer prices index.\nParagraph 11 of that Schedule inserts into the Teachers’ Pensions Regulations 2010 definitions relevant to these amendments.\nParagraph 10 of that Schedule amends the meaning of the “standard rate” of interest.\nParagraph 13 of that Schedule provides that the Secretary of State may, on the advice of the scheme actuary, adjust a transfer value.\nParagraphs 3, 4(2), 5, 9 and 14 of that Schedule correct minor typographical errors.\nAn impact assessment has not been produced for this instrument as no impact on the private or voluntary sectors is foreseen.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/614/note",
    "retrieved_at": "2026-10-29T02:14:20.951694+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."
}