# The Teachers' Superannuation (Amendment) ( No. 2) Regulations (Northern Ireland) 2005, Regulation 21: Amendment of the Teachers' Superannuation Regulations (Northern Ireland) 1998

Extent: N.I.

After regulation E19 there shall be inserted the following regulation—
“Commutation: trivial pensions
E19A. (1) Where a person has become entitled to a retirement pension of a trivial amount, the Department may pay to that person a lump sum representing the capital value of that pension and of any benefits that might otherwise have become payable on that person’s death.
(2) A pension may not be treated as trivial if it includes a guaranteed minimum unless the person has reached state pensionable age or any pension in respect of the guaranteed minimum is otherwise payable.
(3) A pension may be treated as trivial only if the aggregate of all benefits does not exceed £260 per annum.
(4) Any lump sum payable under this regulation will be calculated by the Department, after taking advice from the Government Actuary.
(5) A deduction is to be made from any payment under this regulation for the amount of tax chargeable in respect of it under section 599 of the Taxes Act.
(6) A payment under this regulation shall discharge the Department’s liability in respect of that pension and of any benefits that might otherwise have become payable on that person’s death.”.

---
Source: https://www.legislation.gov.uk/nisr/2005/495/regulation/21 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-amendment-no-2-regulations-northern-ireland-2005/regulation-21
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.