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The Teachers’ Superannuation (Scotland) Amendment Regulations 2011

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Insertion of regulation F10B

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11.  After regulation F10A (normal pension age) insert—

Pension credit benefits before attaining normal benefit age (with actuarial reduction)

F10B.(1) Subject to paragraph (2), a pension credit member is entitled to the payment of the pension credit benefit described in regulation F10 (appropriate rights and pension credit benefits under the Scheme) on or after attaining normal minimum pension age but before attaining normal pension age, where the corresponding debit member was in pensionable employment or excluded employment on or after 1st July 2002.

(2) The pension and the lump sum (if any) described in paragraph (1) will be reduced by such amount as the Scottish Ministers, after taking the advice of the scheme actuary, may determine..

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