{
  "url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-northern-ireland-1996/schedule/paragraph-14",
  "json_url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-northern-ireland-1996/schedule/paragraph-14.json",
  "legislation": "nisr/1996/260",
  "legislation_title": "Teachers' Superannuation (Additional Voluntary Contributions) Regulations (Northern Ireland) 1996",
  "legislation_url": "https://openlegislation.uk/teachers-superannuation-additional-voluntary-contributions-regulations-northern-ireland-1996",
  "path": "schedule/paragraph/14",
  "kind": "paragraph",
  "number": "14",
  "heading": null,
  "text": "(1) The lump sum death benefit under regulation 13 shall not be such as to cause the total of that lump sum and any death benefits totalling £2,500 or more that are payable under relevant schemes to exceed the permitted amount.\n(2) Relevant schemes are—\n(a) approved schemes;\n(b) schemes approved under Chapter IV of Part XIV of the Taxes Act;\n(c) free-standing additional voluntary contributions schemes;\n(d) retirement annuity contracts approved under Chapter III of Part XIV of the Taxes Act; and\n(e) the scheme constituted by the Principal Regulations.\n(3) The permitted amount is the greater of—\n(a) £5,000; or\n(b) 4 times the participator’s remuneration.\n(4) The participator’s remuneration is the greatest of U, V and W, where—\nU is what the participator’s final remuneration would have been if the date of death had been the material date;\nV is the participator’s highest year’s adjusted salary for the purpose of calculating U; and\nW is the participator’s total taxable earnings during any period of 12 months ending not more than 3 years before the date of death, increased as mentioned in paragraph 4(1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisr/1996/260/schedule/paragraph/14",
    "retrieved_at": "2026-10-29T02:35:23.219519+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."
}