Public Service Pensions Act 2013

[^key-8b5f0d88e5e3880685921437689bc789]: S. 24 excluded (10.3.2022 for specified purposes, 1.4.2022 in so far as not already in force) by Public Service Pensions and Judicial Offices Act 2022 (c. 7), ss. 107(7), 131(1)(2)(f)

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United Kingdom Research and Innovation.

12A

• (1) Section 11(1) (valuations) does not require scheme regulations to provide for actuarial valuations to be made of a scheme to which this section applies.

• (2) Section 12(1) (employer cost cap) does not apply to a scheme to which this section applies.

• (3) This section applies to a scheme under section 1 which—

• (a) is a restricted scheme, and

• (b) is specified for the purposes of this section in Treasury regulations.

• (4) For the purposes of this section a scheme under section 1 is a “restricted scheme” at any time if any enactment restricts the provision of benefits under the scheme to or in respect of a person in relation to the person’s service after that time.

• (5) Treasury regulations under this section may include consequential or supplementary provision.

• (6) Treasury regulations under this section are subject to the negative Commons procedure.

25A

• (1) Subsection (2) applies where—

• (a) scheme regulations come into force establishing a scheme under section 1 for the judiciary, and

• (b) subsequently, an order is made under paragraph 2(1) of Schedule 1 (order specifying judicial offices for the purposes of the definition of “the judiciary”).

• (2) Scheme regulations for the scheme mentioned in subsection (1)(a) may make provision under which any right or obligation of a member holding an office specified in the order mentioned in subsection (1)(b) is determined by reference to service which takes place before (as well as after) the order comes into force.

• (3) This section is without prejudice to the generality of section 3(3)(b) (power to make retrospective provision in scheme regulations).