Deficiency grants
15. In regulation E20–
(a)in paragraph (2) for sub-paragraphs (a) and (b) there shall be substituted the following:–
“(a)the teacher became entitled to retirement benefits before 1st October 2001;
(b)at least 10 years' reckonable service was taken into account in calculating his retiring allowances; and
(c)the total of the amounts paid in respect of these allowances is less than the pensionable salary,”;
(b)in paragraph (3) for sub-paragraphs (a) and (b) there shall be substituted the following:–
“(a)the teacher became entitled to retirement benefits before 1st October 2001;
(b)less than 10 years' reckonable service was taken into account in calculating his retiring allowances; and
(c)the amount paid in respect of his retirement pension is less than 5 times the annual rate at which it was payable when he died,”;
(c)there shall be inserted after paragraph (3) the following paragraph:–
“(3A) If–
(a)the teacher’s entitlement to retiring allowances takes effect on or after 1st October 2001; and
(b)the amount paid in respect of his retirement pension is less than 5 times the annual rate at which it was payable when he died,
a grant equal to that deficiency may be paid.”; and
(d)in paragraph (4A) for “paragraph (2) or (3)”, there shall be substituted “paragraphs (2), (3) or (3A)”.