Examples of TPS Regulations in a sentence
The parties acknowledge that the Academy is an “employer” for the purposes of the Teachers’ Pension Scheme Regulations 1997 SI 1997/3001 (“the TPS Regulations” which expression shall include any regulations amending or replacing the regulations from time to time) and that the TPS Regulations shall apply to the Company (as the person carrying on the business of the Academy).
The Company acknowledges that the Eligible Employees shall be, or as the case may be, remain eligible for membership of the LGPS or the TPS (as the case may be) while employed at the Academy following the Transfer Date subject to the terms of the LGPS Regulations and the TPS Regulations.
The consolidation of the 1997 TPS Regulations is underway (the consultation began on 19 December 2007 and is ongoing) with a view to consolidated regulations being made later this year.
The owner or operator must install CEMS within 6 months of the effective date of the rule.
Regulation 9(2) inserts new regulation C1A into the 1997 TPS Regulations.
This instrument amends the Teachers’ Superannuation (Additional Voluntary Contributions) Regulations 1994 (1994 AVC Regulations), and the Teachers’ Pensions Regulations 1997 (1997 TPS Regulations) to take account of mandatory and some non mandatory aspects of the Finance Act 2004.
Under the TPS Regulations 2014, it is possible for an employee to retire on or after their 55th birthday but before their normal pension age (NPA) and draw their actuarially adjusted pension benefits immediately.
The amendments made by this instrument in the main remove or amend provisions in the 1994 AVC Regulations and the 1997 TPS Regulations that would otherwise result in an unauthorised payment.
In addition, there are some minor amendments to the 1994 AVC Regulations and the 1997 TPS Regulations to bring terminology into line with the new terminology in the Finance Act 2004.
Regulation 13 amends regulation E33(2A) of the 1997 TPS Regulations to require those persons who submit an application for ill-health retirement benefits to do so within 6 months of leaving pensionable employment when being assessed against the criteria for partial incapacity benefits.