The Police Pensions (Commutation) Amendment (Scotland) Regulations 2022
Citation and commencement1.
(1)
These Regulations may be cited as the Police Pensions (Commutation) Amendment (Scotland) Regulations 2022 and come into force on 1 April 2022.
(2)
These Regulations extend to Scotland only.
Amendment of the Police Pension Regulations 19872.
(1)
(2)
In regulation B7 (commutation–general provision)—
(a)
in sub-paragraph (4)(a)(iii), omit “and”,
(b)
omit sub-paragraph (4)(b),
(c)
omit paragraph (4A),
(d)
in paragraph (7A)(a), omit “and before 1st April 2022”.
St Andrew’s House,
Edinburgh
These Regulations amend the Police Pension Regulations 1987 to remove the restriction on commutation of pension for officers who retire with an ordinary pension after less than 30 years’ pensionable service and are below voluntary retirement age. They also remove the end date on the underpin which exists to allow Scottish officers to use actuarial factors calculated by the Scheme Actuary in England & Wales, if they are higher.
No business and regulatory impact assessment has been produced for this instrument as no impact on business, charities or voluntary bodies is foreseen.