Paragraph 3 Reduction of retirement pension

(1)

A retirement pension payable under these Regulations to a retired teacher to whom paragraph 2(1)(b)(i) or 2(4) applied shall be reduced by whichever is the lesser of £67.75 and the amount calculated by multiplying £1.70 for each completed year, and by a proportionate amount in respect of part of a year, of reckonable service after 1st July 1948 and before 1st April 1980.

(2)

In the case of a retired teacher–

(a)

who was last in pensionable employment before 1st April 1980; and

(b)

whose retirement pension is one to which he or she became entitled by virtue of regulation E6(1)(c),

any additional period of reckonable service taken into account under regulation E10(3) shall be deemed for the purposes of sub paragraph (1) to be such service as is there mentioned.

(3)

Where the retired teacher before 1st April 1980 elected for the purposes of regulation 21 of the 1977 Regulations^f1 to purchase past added years, these added years shall be deemed for the purposes of sub paragraph (1) to be such reckonable service as is there mentioned.

(4)

Sub paragraph (1) applies not only in the case of such a retired teacher as is there mentioned, but also in the case of a teacher who became entitled to retirement benefits before 1st April 1980 to whom paragraph 3 of Schedule 12 to the 1977 Regulations did not apply, if the Scottish Ministers are satisfied that the contributions paid by him or her before 1st April 1980 were modified on the assumption that the said paragraph 3 did apply in his or her case.

Annotations

Footnotes

f1: S.I. 1977/1360 (“the 1977 Regulations”). Regulation 21 was substituted by S.I. 1983/1431 and amended by S.I. 1998/1618. The 1977 Regulations are revoked in their entirety (see Schedule 1 to these Regulations).