PART 1 U.K. Public service pension schemes

CHAPTER 3 U.K. Local government schemes

Modifications etc. (not altering text)

C1 Pt. 1 Ch. 3 excluded (with effect in accordance with reg. 1(2) of the amending S.I.) by The Local Government Pension Scheme (Information) Regulations 2024 (S.I. 2024/880), regs. 1(2), 2(2)(3)(a)

C2 Pt. 1 Ch. 3 excluded (S.) (6.2.2025 with effect from 1.10.2023) by The Local Government Pension Scheme (Remediable Service) (Scotland) (Miscellaneous Amendment) Regulations 2024 (S.S.I. 2024/374), regs. 1(1)(2), 6

Further provision about final salary benefits, special cases and compensation U.K.

84 Interest and process U.K.

(1) Scheme regulations for a local government new scheme may make provision—

(a) under which interest is required to be calculated and paid on relevant amounts;

(b) about the process by which relevant amounts (and any interest on them) are to be paid.

(2) Scheme regulations made by virtue of subsection (1)(b) may, in particular, include provision—

(a) about when relevant amounts (and any interest on them) are to be paid (including provision under which they are paid in instalments);

(b) under which relevant amounts (and any interest on them) may be paid only on the making of an application;

(c) conferring rights of appeal against decisions taken under the regulations.

(3) In this section “relevant amounts” means any amounts that are payable by the scheme to a person under or by virtue of this Chapter.

Commencement Information

I1 S. 84 in force at Royal Assent for specified purposes, see s. 131(1)

I2 S. 84 in force at 1.10.2023 in force in so far as not already in force (or on such earlier day as may be appointed), see s. 131(2)(d)(e)