The Teachers’ Pension Scheme (Scotland) (No. 2) Regulations 2014 No. 292

PART 4 Pension accounts

CHAPTER 1 Interpretation

Interpretation

40.  In this Part—

“the leaving year” means the financial year in which the relevant last day falls;

“the relevant last day” means—

(a)

for a member who has made a phased retirement application, the day before the entitlement day for a phased retirement pension; and

(b)

otherwise, the last day of pensionable service.