Regulation 24 Amendment of the Teachers' Superannuation (Scotland) Regulations 2005

For regulation E4 (nature of retirement benefits) substitute the following–

“Nature of retirement benefits

E4

Retirement benefits consist of–

(a)

a retirement pension;

(b)

a retirement lump sum where regulation E8 applies; and

(c)

where applicable, a lump sum in place of part of a retirement pension (in accordance with regulation E8A),

calculated in accordance with this Part.”.