The Teachers' Pensions (Amendment) Regulations 2001
Citation, commencement and interpretation
1.
(1)
These regulations may be cited as the Teachers' Pensions (Amendment) Regulations 2001 and shall come into force on 31st March 2001.
(2)
Amendment of Principal Regulations
2.
The Principal Regulations shall be amended in accordance with regulations 3 to 7.
3.
“, other than a payment made in consequence of a School Achievement Award,”.
4.
“, other than a payment made in consequence of a School Achievement Award,”.
5.
““School Achievement Award”
A payment granted in respect of a school, in recognition of excellence or improvement, under the scheme established by the Secretary of State known as the School Achievement Award Scheme.”.
6.
In Schedule 2, paragraph 5(a) for the words “or, as the case may be, a city college for the technology of the arts, or”, there shall be substituted “a city college for the technology of the arts, or, as the case may be, a city academy, or”.
7.
In Schedule 2, paragraph 5(b) for the words “or, as the case may be, a city college for the technology of the arts.”, there shall be substituted “a city college for the technology of the arts, or, as the case may be, a city academy.”.
We consent
These regulations amend the Teachers' Pensions Regulations 1997.
The regulations provide for payments under the School Achievement Award Scheme to be non-contributable for the purposes of teachers' pensions, notwithstanding the general rule that performance-related pay measures should be contributable (regulations 3 and 4).
Schedule 2, paragraph 5 is amended to include City Academies within the Teachers' Pension Scheme (regulations 6 and 7).