The Teachers' Superannuation (Scotland) Amendment Regulations 2001

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)”.