These Regulations, which come into force on 1st April 2015, make various amendments of the Teachers’ Pension Scheme (Scotland) (No. 2) Regulations 2014 (“the 2014 Regulations”). The 2014 Regulations establish a new pension scheme for teachers in Scotland with effect from that date.

The most significant provisions in these Regulations are as follows. Regulation 16 provides for members’ contribution rates and for the salary bands used for establishing the rates to be uprated by reference to changes in the consumer prices index. Regulation 18 makes provision for employers’ contributions. Regulation 35 deals with the situation where a transition member of the new scheme was involved in winding-down employment prior to the relevant transition date. Regulation 44 inserts a new Schedule 4 into the 2014 Regulations. The new Schedule includes provisions for scheme valuations and the employer cost cap and for the procedure to be followed in the event of a breach of the parameters for the cost cap cost of the scheme.