The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) Regulations 2023

Increase in rights as a result of new scheme benefits election ignoredU.K.

This section has no associated Explanatory Memorandum

40.  Any increase in an individual’s rights as a result of an election under section 6 or 10 of PSPJOA 2022 (election for new scheme benefits under Chapter 1 legacy scheme) is to be ignored for the purposes of sub-paragraph (1)(b) of paragraph 4 of Schedule 4 to FA 2016 (protection cessation events: benefit accrual).

Commencement Information

I1Reg. 40 in force at 6.4.2023, see reg. 1(2)