The Teachers’ Pensions etc. (Reform Amendments) Regulations (Northern Ireland) 2007

Additional contributions for past period under old regulation C3

65.  In Schedule 4—

(a) for the definitions of “the principal election”, “the past period” and “the contribution period” substitute—

“ “the principal election” means the election under old regulation C3(2);

“the past period” means the period specified in that election pursuant to old regulation C3(9)(a);

“the contribution period” means the period specified in that election pursuant to old regulation C3(9)(c)”. ”,

(b) in paragraph 1(3) for “regulation C6 or C7” substitute “old regulation C6 or regulation C7”,

(c) in paragraph 1(3)(b) before “regulation C6(7)” insert “old”,

(d) in paragraph 3 omit “Subject to paragraphs 4 and 5”,

(e) omit paragraphs 4 and 5,

(f) in paragraph 6(2) for “such sum as would be payable under Part II” substitute “the actuarial equivalent of the additional contributions that would have been payable”,

(g) in paragraph 9(3) for “such amount as would be payable under Part II” substitute “the actuarial equivalent of the additional contributions that would have been payable”,

(h) omit paragraph 11,

(i) in paragraph 12—

(i) insert “and” at the end of sub-paragraph (2)(b) and omit “and” at the end of sub-paragraph(2)(c),

(ii) omit sub-paragraph (2)(d).