1.—(1) These Regulations may be cited as the Police Pensions (Amendment) (Scotland) Regulations 2015 and come into force on 20th May 2015.
(2) These Regulations have effect from 22nd May 2014.
(3) These Regulations extend to Scotland only.
2. In regulation B7 (commutation – general provision) of the Police Pensions Regulations 1987(1)—
(a)in paragraph (1), for “and (7)” substitute “, (7) and (7A)”;
(b)in paragraph (7), after “Actuary” insert “(except as provided for in paragraphs (7A) and (7B))”; and
(c)after paragraph (7), insert—
“(7A) Paragraph (7B) applies in a case where—
(a)a person’s date of retirement falls after 21st May 2014 and before 1st April 2022; and
(b)the lump sum calculated under paragraph (7) (ignoring the proviso) would have been greater had it been calculated from tables prepared by the Scheme Actuary for the purposes of this regulation as it has effect in England.
(7B) The lump sum payable under paragraph (7) (before application of any reduction) is the greater sum calculated on the basis referred to in paragraph (7A)(b) and, for the purposes of paragraph (4)(b), that is to be treated as the sum calculated in accordance with paragraph (7).”.
JOHN SWINNEY
A member of the Scottish Government
St Andrew’s House,
Edinburgh
21st April 2015