Regulation 10 Amendment of regulation E8I1

For paragraph (6) of regulation E8 (amount of retirement lump sum), substitute—

“(6)

Where a teacher on becoming entitled to a lump sum under this regulation on or before 5th April 2011 has attained the age of 75, the teacher—

(a)

will cease to be entitled to a lump sum; and

(b)

will instead be entitled to have his or her pension increased by such amount as the Scottish Ministers may, after taking advice from the scheme actuary, determine.”.