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The Judicial Pensions Regulations 2022
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- UK Statutory Instruments
- 2022 No. 319
- PART 5
- CHAPTER 1
- Regulation 22
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Determination of “the age addition”U.K.
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22.—(1) This regulation applies in relation to every scheme year in which an active member’s account is open that is subsequent to the scheme year in which the member reaches normal pension age under this scheme, other than—
(a)the scheme year in which the account is established under this Part; and
(b)the scheme year immediately following that.
(2) At the beginning of the scheme year the scheme manager having regard to actuarial guidance must determine the age addition to be awarded for that scheme year by reference to the opening balance of that account for the previous scheme year.
(3) In these Regulations, “the age addition” means an additional amount of pension determined by reference to the proportion of the previous scheme year in which a member had reached normal pension age under this scheme.
Commencement Information
I1Reg. 22 in force at 1.4.2022, see reg. 1(4)
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