The National Health Service Superannuation Scheme (Scotland) Regulations 2011

Accounts and actuarial reports

U3.—(1) The Scottish Ministers must keep accounts of this Section of the scheme in a form approved by the Treasury.

(2) The accounts will be open to examination by the Comptroller and Auditor General.

(3) Subject to paragraph (4), the scheme actuary will prepare an actuarial report of the scheme at 31st March 2004 and at the expiration of every period of 4 years after that date.

(4) The actuarial report referred to in paragraph (3) is to be based on actuarial assumptions determined by the Scottish Ministers with the consent of the Treasury.

(5) Before determining the assumptions referred to in paragraph (4) the Scottish Ministers may consult—

(a) such representatives of employees and employing authorities as appear to the Scottish Ministers to be appropriate, and

(b) the scheme actuary.

(6) The scheme actuary must send copies of each actuarial report of the scheme to the Scottish Ministers and the Treasury.

(7) Employing authorities must keep records of all—

(a) contributions deducted from salaries and wages; and

(b) contributions to this Section of the scheme made under D2(1),

in a manner approved by the Scottish Ministers and, except where the Scottish Ministers waive such requirements, provide a statement in respect of such matters, covering all scheme members except principal practitioners and non GP providers, to the Scottish Ministers within 2 calendar months of the end of each financial year.

(8) In respect of each financial year, employing authorities must also provide the Scottish Ministers, where appropriate, with the best estimate in writing that can reasonably be made of the total contributions due to this Section of the scheme under regulations D1 and D2(1) within 2 months of the end of each such year.