The Local Government Pension Scheme (Scotland) Amendment Regulations 2015

Amendment of regulation 46

This section has no associated Policy Notes

29.  In regulation 46—

(a)at end of paragraph (4)(e), omit “and”;

(b)in paragraph (4)(f)—

(i)for “15.3125%” substitute “ 49/320”; and

(ii)after “contributions)” insert “which included provision for a survivor’s pension”;

(c)at end of paragraph (4)(f), insert—

and

(g)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/320.;

(d)at end of paragraph (5)(e), omit “and”;

(e)in paragraph (5)(f)—

(i)for “30.625%” substitute “ 49/160”; and

(ii)after “contributions)” insert “which included provision for a survivor’s pension”;

(f)at end of paragraph (5)(f), insert—

and

(g)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/160.;

(g)at end of paragraph (9)(e), omit “and”;

(h)in paragraph (9)(f)—

(i)for “20.41667%” substitute “ 49/240”; and

(ii)after “contributions)” insert “which included provision for a survivor’s pension”;

(i)at end of paragraph (9)(f), insert—

and

(g)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/240.;

(j)at end of paragraph (10)(e), omit “and”;

(k)in paragraph (10)(f)—

(i)for “40.8333%” substitute “ 49/120”; and

(ii)after “contributions)” insert “which included provision for a survivor’s pension”;

(l)at end of paragraph (10)(f), insert—

and

(g)the amount of any pension credited under regulation 4(4) (underpin) of the Transitional Provisions and Savings Regulations 2014 had been multiplied by 60/120.; and

(m)after paragraph (13), insert—

(14) “For the purposes of paragraph 46(4)(a), (5)(a), (9)(a) and (10)(a), earned pension also includes any amount awarded under regulations 37(1)(a) or (2)(a)..