# The Teachers' Superannuation (Amendment) (No. 3) Regulations 1994, Regulation 3: Transitional provisions and elections in respect of protected benefits


(1) The provision made by regulation 2 above shall not apply for the purpose of calculating any benefit which has become payable before 1st December 1994.
(2) This paragraph applies to a person—
(a) to whom a protected benefit may become payable, and
(b) who is placed in a worse position than he would have been in if the provision made by regulation 2 above had not applied in relation to the protected benefit.
(3) A protected benefit is one which may become payable under the principal Regulations, to or in respect of a person who was employed in pensionable employment but ceased to be so employed before 1st December 1994.
(4) A person to whom paragraph (2) above applies may, by giving written notice to the Secretary of State before 1st March 1995, elect that the provision of regulation 2 above shall not apply in relation to the protected benefit.

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Source: https://www.legislation.gov.uk/uksi/1994/2876/regulation/3 (the official version)
Page: https://openlegislation.uk/teachers-superannuation-amendment-no-3-regulations-1994/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.