Office of Public Sector Information
PART 2 continued CHAPTER 2.F continued
(1) An application under regulation 2.F.8––
(a) must be made in writing,
(b) must specify the scheme or arrangement from which the transfer value payment is to be made and the anticipated amount of the payment,
(c) may only be made during the period of one year beginning with the day on which the applicant becomes eligible to be an active member of the Scheme and before the applicant reaches the age of 65,
(d) if the Secretary of State so requires, may only be made if the member has first requested a statement—
(i) in the case of a transfer made under the public sector transfer arrangements, of the service that the member will be entitled to count as a result of the transfer if the payment is accepted by the Secretary of State, and
(ii) in a case where the transfer is not made under those arrangements, of the service that member will be entitled so to count if the payment is so accepted by the Secretary of State within such period as is specified in the statement, and
(e) must meet such other conditions as the Secretary of State may require.
(2) A statement given to the member in pursuance of a such a request as is mentioned in paragraph (1)(d)—
(a) in the case mentioned in paragraph (1)(d)(i), must inform the member of the effect (if any) of regulation 2.A.12 (restriction on reckonable pay used for calculating benefits in respect of capped transferred-in service) in the member’s case, and
(b) in the case mentioned in paragraph (1)(d)(ii), must specify such amount as is calculated in accordance with guidance and tables provided by the Scheme actuary for the purpose.
(1) If an application is duly made by a member under regulation 2.F.8, the Secretary of State may accept the transfer value payment if such conditions as the he may require are met, unless paragraph (4) applies.
(2) If the Secretary of State accepts the payment—
(a) the member is entitled to count the appropriate period of pensionable service for the purposes of calculating benefits payable to or in respect of the member under the Scheme, but
(b) in the case of a member any of whose service falls to be treated as capped transferred-in service, with such period as so falls counting as such service.
(3) In paragraph (2)(a) “the appropriate period” means the period calculated in accordance with regulation 2.F.11.
(4) For the meaning of “capped transferred-in service”, see regulation 2.F.12.
(5) The Secretary of State may not accept a transfer value payment if—
(a) it would be applied in whole or in part in respect of the member’s or the member’s spouse’s entitlement to a guaranteed minimum pension, and
(b) it is less than the amount required for that purpose, as calculated in accordance with guidance and tables prepared by the Scheme actuary for the purposes of this paragraph.
(6) Paragraph (5) does not apply if the transfer would be paid under the public sector transfer arrangements.
(1) Subject to this regulation, the period of service that the member is entitled to count under regulation 2.F.10 as the result of a transfer is to be calculated in accordance with any guidance, tables and other relevant factors provided by the Scheme actuary for that purpose.
(2) For the purposes of the calculation under paragraph (1) the member’s annual pensionable pay is to be taken to be the amount of that pay as at the day on which the member’s pensionable service begins (“the starting day”), unless paragraph (3) applies.
(3) If the transfer payment is received by the Secretary of State more than 12 months after the starting day, the member’s annual pensionable pay is to be taken to be the amount of that pay as at the day on which the transfer payment is received.
(4) But paragraph (3) does not apply if—
(a) a written statement estimating the pensionable service that the member would be entitled to count as result of the transfer was given to the member by the Secretary of State during the period of 3 months ending 12 months after the starting day, and
(b) the transfer payment is received by the Secretary of State less than 3 months after the date of the statement.
(5) If the transfer value payment is accepted under the public sector transfer arrangements, the period of pensionable service the member is entitled to count is calculated—
(a) in accordance with those arrangements, and
(b) by reference to the guidance and tables provided by the Scheme actuary for the purposes of this paragraph, that are in use on the date that is used by the transferring scheme for calculating the transfer value payment.
(6) If the transfer value payment is accepted from a corresponding health service scheme, the period of pensionable service the member is entitled to count is the period that the member would be entitled to count if—
(a) the member’s employment to which that scheme applied were NHS employment in respect of which the member was a member of the Scheme, and
(b) the member’s contributions to that scheme were contributions to the Scheme.
(7) In this Part “corresponding health service scheme” means—
(a) a superannuation scheme provided under regulations made under section 10 of the Superannuation Act 1972(54) and having effect in Scotland,
(b) a superannuation scheme provided under Article 12 of the Superannuation (Northern Ireland) Order 1972(55),
(c) a scheme made under section 2 of the Superannuation Act 1984(56) (an Act of Tynwald) applies, and
(d) any other occupational pension scheme approved for the purposes of this regulation by the Secretary of State.
(1) This regulation applies if—
(a) the Secretary of State accepts a transfer value payment in respect of a member under a transfer to which the public sector transfer arrangements apply, and
(b) the service in respect of which the transfer is made was or included capped service in employment to which the Scheme from which the transfer value payment is made (“the transferring scheme”) applied.
(2) For the purposes of this Part, the same proportion of the service that the member is entitled to count under regulation 2.F.10(2)(a) as the capped service bears to the whole of the service in respect of which the transfer is made is capped transferred-in service.
(3) For the purposes of paragraph (1)(b), the service in respect of which the transfer is made was capped service so far as—
(a) in the case of service before 6th April 2006, the member was an active member of the transferring scheme whose pension under that scheme in respect of the service was to be calculated by reference to remuneration limited in each tax year to the permitted maximum for that year within the meaning of section 590C(2) of the Income and Corporation Taxes Act 1988(57), or
(b) in the case of service on or after 6th April 2006, the member was an active member of the transferring scheme whose pension under that scheme in respect of the service was to be calculated by reference to remuneration limited in each tax year to an amount calculated in the same manner as the permitted maximum under that section was calculated for tax years ending before that date.
(4) For the purposes of paragraph (3), it does not matter whether, apart from the application of the limit, the member’s remuneration in any tax year would have exceeded the amount of the limit.
(1) This Chapter applies in the case of a transfer to which the public sector transfer arrangements apply as it applies in other cases, except to the extent that—
(a) any provision in this Chapter provides otherwise, or
(b) the arrangements themselves make different provision.
(1) This regulation applies if—
(a) the employment of one or more active members (“the transferring employees”) is transferred without their consent to a new employer,
(b) on that transfer the transferring employees cease to be eligible to be active members of the Scheme,
(c) after that transfer the transferring employees become active members of another occupational pension scheme (“the new employer’s scheme”),
(d) the Secretary of State has agreed special terms for the making of transfer value payments in respect of the transferring employees to the new employer’s scheme, after consultation with the Scheme actuary, and
(e) the transferring employees have consented in writing to their rights being transferred in accordance with those terms.
(2) In the case of the transferring members or the transferred members the transfer value payment to be paid–
(a) is not calculated in accordance with regulation 2.F.6, but
(b) is to be such amount as the Secretary of State determines to be appropriate in accordance with the special terms after consulting the Scheme actuary.
(3) This Chapter has effect with such modifications as are necessary to give effect to those terms.
(4) If the transfer is directly or indirectly attributable to an enactment, this Chapter has effect with such modifications as the Secretary of State considers necessary in consequence of the transfer.
(5) Where a member to whom this regulation applies is also a member to whom Part 3 applies, a bulk transfer under this regulation also operates as a transfer of that member’s rights under Part 3.
(1) This regulation applies if—
(a) the employment of one or more persons (“the transferred employees”) is transferred without their consent to a new employer,
(b) on that transfer the transferred employees cease to be active members of an occupational pension scheme (“the former employer’s scheme”),
(c) after that transfer the transferred employees become active members of the Scheme,
(d) the Secretary of State has agreed special terms for the acceptance of transfer value payments in respect of the transferred employees from the former employer’s scheme, after consulting the Scheme actuary, and
(e) the transferred employees have consented in writing to their rights being transferred in accordance with those terms.
(2) The Scheme has effect with such modifications as are necessary to give effect to the terms mentioned in paragraph (1)(e).
(3) If the transfer is directly or indirectly attributable to an enactment, the Scheme has effect with such modifications as the Secretary of State considers necessary in consequence of the transfer.
(1) This regulation applies in the case of a member whose transfer is subject to transfer arrangements concluded with any scheme for the provision of retirement benefits established outside the United Kingdom.
(2) The Scheme applies in relation to the member with such modifications as the Secretary of State considers necessary to comply with—
(a) the terms of those arrangements,
(b) any applicable provision contained in or made under any enactment, and
(c) the requirements to be met by a scheme registered under Chapter 2 of Part 4 of the 2004 Act.
(1) This Chapter applies to persons who—
(a) have been active members of the Scheme in respect of their service in an employment,
(b) have ceased to be employed in that employment and have become deferred members or pensioner members of the Scheme because of their rights in respect of that service,
(c) become employed again in an employment that qualifies them to belong to the Scheme, and
(d) become active members of the Scheme in respect of their service in that employment.
This is subject to paragraphs (4) to (7).
(2) In these regulations a member to whom this Chapter applies is referred to as a “re-employed member”.
(3) In this Chapter, in relation to any re-employed member—
(a) the service referred to in paragraph (1)(a) is referred to as “the earlier service”, and
(b) the service referred to in paragraph (1)(d) is referred to as “the later service”.
(4) This Chapter also applies to members who—
(a) cease to be active members in respect of their service in an employment as the result of exercising the option under regulation 2.B.5, and
(b) later become active members in that or another employment,
as it applies to members who cease to be employed in the employment in which they are active members, and paragraph (3) must be read accordingly.
(5) This Chapter does not apply if the earlier service and the later service are treated as a single continuous period of pensionable service under regulation 2.A.4(5) (pensionable service: breaks in service).
(6) Regulation 2.G.4 applies whether or not the employment mentioned in paragraph (1)(c) is employment that qualifies the member to belong to the Scheme.
(7) Regulation 2.G.6 applies whether or not the deferred member becomes an active member in the NHS employment in which the deferred member is re-employed.
(8) If a re-employed member ceases to be an active member again, this Chapter applies again in respect of the later service as if it were the earlier service (and so on).
(1) The general rule is that, in accordance with regulations 2.D.21 and 2.E.25—
(a) the re-employed member’s pensionable service in respect of the earlier service and the later service are treated separately, and
(b) the re-employed member’s reckonable pay in respect of the earlier service and the later service is determined separately.
(2) This regulation is subject to the provisions mentioned in regulations 2.D.21(4) and 2.E.25(5).
(1) The general rule in regulation 2.G.2 does not apply if—
(a) at the time that the member first becomes entitled to a pension under the Scheme in respect of the earlier service or the later service, or
(b) if it is earlier, at the time of the member’s death,
in the opinion of the Secretary of State the benefits payable to or in respect of the member would be more valuable if that general rule were disregarded.
(2) Accordingly, in a case within paragraph (1)—
(a) the member’s pensionable service in respect of the earlier service and the later service are treated as one single continuous period,
(b) the member’s qualifying service in respect of the earlier service and the later service are each treated as one single continuous period,
(c) the member is not treated as a deferred member in respect of the earlier service, and
(d) the member’s reckonable pay in respect of the later period may be determined by reference to the earlier period as well as the later period (as a result of regulation 2.A.10(8)).
(3) This regulation is subject to regulation 2.G.6.
(1) This regulation applies if a member who is entitled to a tier 2 pension under regulation 2.D.8 in respect of earlier service—
(a) did not opt to exchange that pension for a lump sum in accordance with regulation 2.D.15, and
(b) has re-entered employment (the “further employment”).
(2) Subject to paragraphs (3) and (4), the member ceases to be entitled to the tier 2 ill-health pension under regulation 2.D.8, and becomes entitled to a tier 1 ill-health pension under that regulation.
(3) In a case where the further employment is—
(a) not NHS employment, and
(b) an excluded employment,
paragraph (2) does not apply.
(4) In a case where the further employment is—
(a) NHS employment, and
(b) an excluded employment
paragraph (2) does not apply during the initial period.
(5) As regards a further employment in NHS employment—
(a) paragraph (2) applies from the first tier 1 ill-health pension payment date which falls after the first anniversary of the member’s re-entry into NHS employment, whether or not that day is part of a continuous period of further NHS employment beginning with entry into that employment, and
(b) the member may not rejoin the Scheme in respect of that employment or any other NHS employment until after the first anniversary of the member’s re-entry into NHS employment, whether or not that or any other NHS employment is an excluded employment.
(6) For the purposes of this regulation—
(a) an employment is an excluded employment at any time in a tax year, in relation to a member, if the member’s earnings at that time for the purposes of national insurance from the employment and any other employments are such that the lower earnings limit for that year is not exceeded,
(b) for the purposes of paragraph (2) an employment that has been an excluded employment in a tax year is not treated as ceasing to be such an employment until the first day following the end of the pension pay period for the tier 2 ill-health pension in which the limit described in sub-paragraph (a) is first exceeded, and
(c) “the initial period” means the period of 12 months beginning with the day on which the member first enters an employment which results in this regulation applying.
(7) A member who, before attaining the age of 65, has ceased to be entitled to a tier 2 ill-health pension under paragraph (2), and who—
(a) is in further NHS employment and ceases to be employed at all during the initial period, or
(b) is in further employment that is not NHS employment and ceases to be employed in that further employment within a period of one year beginning with the day on which that further employment ceased to be an excluded employment,
may apply to the Secretary of State under this paragraph to become entitled to a tier 2 ill-health pension.
(8) An application under paragraph (7)—
(a) where paragraph (7)(a) applies, must—
(i) state that the member has ceased to be employed at all,
(ii) be made within the initial period,
(iii) be made in writing and be accompanied by evidence from a registered medical practitioner that the member meets the condition in regulation 2.D.8(3)(a);
(b) where paragraph (7)(b) applies, must—
(i) state that the member has ceased to be employed at all,
(ii) be made within a period of one year beginning with the day on which that employment ceased to be an excluded employment,
(iii) be made in writing and be accompanied by evidence from a registered medical practitioner that the member meets the condition in regulation 2.D.8(3)(a).
(9) If on an application under paragraph (7) the Secretary of State is satisfied that the member meets the condition in 2.D.8(3)(a), from the day following that on which the member’s last employment ceased—
(a) the member ceases to be entitled to the tier 1 ill-health pension under regulation 2.D.8, and
(b) becomes entitled to a tier 2 ill-health pension under that regulation in respect of the earlier service.
(10) A member who falls within paragraph (1) must—
(a) notify the Secretary of State if the member is in NHS employment at the end of the initial period,
(b) notify the Secretary of State if the member’s aggregate earnings for the purposes of national insurance from employments held in a tax year are such that the lower earnings limit for that year is exceeded,
(c) provide the Secretary of State or any other person specified by the Secretary of State with such further information as the Secretary of State specifies concerning any further employment.
(11) This regulation is subject to regulation 2.G.5.
(1) This regulation applies to re-employed members who are entitled to a tier 1 ill-health pension under regulation 2.D.8 in respect of the earlier service.
(2) For the purposes of determining whether a member can count 45 years of pensionable service for any purpose, the earlier service and the later service are aggregated.
(3) If the re-employed member became entitled to a tier 1 ill-health pension for the earlier service, and on the termination of the later service the member becomes entitled to—
(a) a tier 1 ill-health pension, or
(b) a tier 2 ill-health pension,
under regulation 2.D.8 in respect of the later service, the re-employed member is entitled to the benefits set out in paragraph (4).
(4) The benefits mentioned in paragraph (3) are—
(a) the member’s original tier 1 ill-health pension in respect of his earlier service, and
(b) a tier 1 or, as the case may be, tier 2 ill-health pension in respect of the later service.
(1) This regulation applies if a re-employed member becomes entitled to a pension under 2.D.1 or 2.D.4 by virtue of the application of regulation 2.D.13(2)(a) (transfer of undertaking to employing authority).
(2) Regulation 2.G.3 does not apply.
(3) Accordingly, any benefits payable in respect of the later service are calculated without regard to pensionable service in respect of the earlier service.
This is subject to paragraph (4).
(4) For the purposes of determining whether a member can count 45 years pensionable service for any purpose, the earlier service and the later service are aggregated.
(1) This Chapter applies if —
(a) a person who is a pensioner member of the Scheme is employed in NHS employment,
(b) the person’s employment is not employment to which the person was transferred as a result of a transfer of an undertaking to the person’s employer,
(c) the person’s pension is a pension under—
(i) regulation 2.D.8 (early retirement on ill-health: active members),
(ii) regulation 2.D.10 (early retirement on ill-health: deferred members), or
(iii) regulation 2.D.11(1)(d)(ii) (early retirement on termination of employment by employing authority) in a case where the Secretary of State certified that the member’s employment was terminated in the interests of the efficiency of the service in which the member was employed, and
(d) the person has not reached the age of 65.
(2) In this Chapter “NHS employment” includes—
(a) employment with an employer in respect of whom a direction has been made under section 7 of the Superannuation (Miscellaneous Provisions) Act 1967(58),
(b) employment to which regulations made under section 10 of the Superannuation Act 1972(59) and having effect in Scotland apply,
(c) employment to which regulations made under Article 12 of the Superannuation (Northern Ireland) Order 1972(60) apply,
(d) employment to which a scheme made under section 2 of the Superannuation Act 1984 (an Act of Tynwald)(61) applies, and
(e) employment with an employer with whom an agreement has been made under section 235 of the 2006 Act.
(3) In this Chapter, subject to paragraph (4)—
(a) a person to whom this Chapter applies is referred to as an “employed pensioner”,
(b) the pension to which the employed pensioner is entitled is referred to as the “old service pension”,
(c) the employment in respect of which the pension is payable is referred to the “the old employment”, and
(d) the employment in which the employed pensioner is employed is referred to as the “new employment”.
(4) This Chapter applies whether or not the person is an active member of the Scheme in the new employment.
(5) For the purposes of this Chapter, so much of any pension as is additional pension is ignored.
(1) A person who becomes an employed pensioner must inform—
(a) the person’s employer in the new employment, and
(b) any other person that the Secretary of State may specify,
that the old service pension is payable.
(2) A person who ceases to be an employed pensioner in one new employment and becomes an employed pensioner in another new employment must inform—
(a) the person’s employer in the other new employment, and
(b) any other person that the Secretary of State may specify,
that the old service pension is payable.
(1) If the condition in paragraph (2) is met, the amount of the old service pension for any scheme year is reduced.
(2) The condition is that the employed pensioner’s relevant income for the scheme year exceeds the employed pensioner’s previous pay.
(3) The amount of the reduction under paragraph (1) is equal to that excess but cannot exceed the enhancement amount.
(4) For the meaning of “relevant income” and “enhancement amount” see regulation 2.H.4.
(5) For the meaning of “previous pay” see regulation 2.H.5.
(6) If the employed pensioner holds the new employment for only part of any scheme year, this regulation applies as if—
(a) the reference in paragraph (2) to the employed pensioner’s relevant income were a reference to the appropriate proportion of that income, and
(b) the reference in that paragraph to the employed pensioner’s previous pay were a reference to the appropriate proportion of that pay.
(7) In paragraph (6) “the appropriate proportion” means the same proportion as the period during which the new employment is held bears to the whole scheme year.
(8) If the member has a guaranteed minimum under section 14 of the 1993 Act in relation to the old service pension, nothing in this regulation requires the reduction of the old service pension below the amount of the member’s guaranteed minimum in relation to it.
(1) The employed pensioner’s relevant income for a scheme year is the aggregate of—
(a) the amount of pay received by the employed pensioner during that year from the new employment (assuming, in any case where the employed pensioner is not an active member of the Scheme in the new employment, that the employed pensioner is such a member), and
(b) the enhancement amount in relation to the old service pension.
(2) The enhancement amount, in relation to an old service pension, is the difference between—
(a) the amount of that pension for that year, and
(b) the amount that that pension would have been had it been payable under regulation 2.D.4 (early payment of pensions with actuarial reduction).
(3) If the old service pension is payable under 2.D.8 or 2.D.10 (ill-health pensions) to an employed pensioner who had not reached the age of 55 at the time when entitlement to the pension arose, for the purposes of paragraph (2)(b)—
(a) the fact that entitlement to a pension under regulation 2.D.4 depends on reaching that age is ignored, but
(b) the employed person’s actual age at the relevant time is taken into account in determining the reduction to be made under regulation 2.D.4(2).
(4) If the old service pension is a tier 2 ill-health pension, for the purposes of paragraph (2)(b), only the employed pensioner’s actual pensionable service at the time when entitlement to the pension arose is taken into account in determining the amount that would have been payable under regulation 2.D.4.
(5) If the employed pensioner exercised the option under regulation 2.D.14 (general option to exchange part of pension for lump sum) in relation to the old service pension, the resulting reduction in the pension is ignored for the purposes of this regulation.
(6) If the employed pensioner exercised the option under regulation 2.D.18 (election to allocate pension) in relation to the old service pension, the resulting reduction in the pension is taken into account for the purposes of this regulation.
(7) References in this regulation to the amount of a pension for any scheme year are to its amount for that year after any increases payable under the Pensions (Increase) Act 1971(62) in respect of that pension, including the increases that would have been payable in respect of any amount not paid because of a reduction ignored under paragraph (5).
(1) For the purposes of this Chapter an employed pensioner’s previous pay is the greater of—
(a) the employed pensioner’s reckonable pay for the purposes of the old service pension, and
(b) the annual rate of pay for the old employment at the time it ceased.
This is subject to paragraph (3) and regulation 2.H.6.
(2) In this regulation “annual rate of pay” means the sum of—
(a) the annual rate of so much of the employed pensioner’s pensionable pay immediately before the old service pension became payable as consisted of—
(i) salary,
(ii) wages, or
(iii) other regular payments,
of a fixed nature, and
(b) so much of any fees and other regular payments not of a fixed nature as—
(i) was payable to the employed pensioner during the period of 12 months ending with the day the old employment ceased, and
(ii) formed part of the employed pensioner’s pensionable pay.
(3) The amount to be taken as the employed pensioner’s previous pay must be adjusted in each scheme year for inflation.
This is subject to regulation 2.H.6.
(4) The reference in paragraph (3) to adjusting that amount in each scheme year for inflation is to increasing it by the same amount as that by which an annual pension equal to that amount would have been increased under the Pensions (Increase) Act 1971 at 6th April in that scheme year if—
(a) that pension was eligible to be so increased, and
(b) the beginning date for that pension were the same as the beginning date for the old service pension.
(5) In this regulation “the beginning date”, in relation to a pension, means the date on which it is treated as beginning for the purposes of the Pensions (Increase) Act 1971 (see section 8(2) of that Act).
(1) In the case of an employed pensioner who held one or more other NHS employments as an officer at the same time as the old employments, the amount to be taken as the employed pensioner’s previous pay is the sum of—
(a) the amount of the employed pensioner’s previous pay, in accordance with regulation 2.H.5, and
(b) in respect of any of the other NHS employments as an officer which are held in the scheme year mentioned in 2.H.3(2), the annual rate of pay for those employments in that scheme year, and
(c) in respect of any of the other NHS employments as an officer which are not held in the scheme year mentioned in 2.H.3(2), the pensionable pay for that employment for the period of 12 months ending with the day before the old employment ceased (or, if the employed pensioner was not a member of the Scheme in that employment in that period, the amount that would have been the pensionable pay for it assuming that the employed pensioner had been such a member.
(2) The amount to be taken as the employed pensioner’s previous pay in accordance with paragraph (1) must be adjusted in each scheme year for inflation in the manner set out in regulation 2.H.(4).
(1) This regulation provides for the application of this Chapter where the old employment or the new employment is a part-time employment.
(2) The reference in regulation 2.H.5(1)(a) to the employed pensioner’s reckonable pay for the purposes of the old service pension must be taken as a reference to such amount as in the opinion of the Secretary of State would have been the reckonable pay for those purposes if—
(a) the old employment had been a comparable whole-time employment, and
(b) accordingly the member’s reckonable pay had been determined without reference to regulation 2.A.13 or 2.A.14 (reckonable pay for concurrent and non-concurrent part-time workers).
(1) This regulation provides for the application of this Chapter where a person is entitled to more than one old service pension falling within regulation 2.H.1(1)(c) in any scheme year.
(2) In regulation 2.H.3—
(a) for paragraphs (1) to (2) substitute—
“(1) If the condition in paragraph (2) is met, the amount of the old service pensions for any scheme year are reduced.
(2) The condition is that the employed pensioner’s relevant income for the scheme year exceeds the employed pensioner’s previous pay for all the old employments.
(3) The amount of the reduction under paragraph (1) in the case of each on the pensions is equal to the same proportion of that excess as the amount of the pension for the scheme year before the reduction bears to the sum of the pensions for that year before the reduction”.
(3) In regulation 2.H.4(1)(b) for “the old service pension” substitute “all the old service pensions”.
(4) Regulation 2.H.9 applies as if references to the old service pensions were references to all those pensions.
(1) If it appears to the Secretary of State that the condition in regulation 2.H.3(2) will be met in any scheme year in respect of the old service pension for that year, the Secretary of State may reduce the amount of that pension paid at any time in the scheme year.
(2) Where the old service pension for a scheme year is being reduced under this Chapter, the Secretary of State must review the amount of the reduction—
(a) at the end of the scheme year, and
(b) at any time during the scheme year if it appears to the Secretary of State that—
(i) the amount of the reduction made for the year is or may become incorrect, or
(ii) no reduction should be made.
(3) If at any time during the scheme year it so appears, the Secretary of State must make such adjustments, whether by altering the amount of the reduction or by repaying to the employed pensioner any amount that should not have been deducted from the pension, as appear to the Secretary of State to be required.
(4) If at the end of the scheme year it is apparent that—
(a) the reduction in the old service pension for the year was excessive, or
(b) no such reduction should have been made,
the Secretary of State must repay the amount due to the employed pensioner.
(5) If at the end of the scheme year it is apparent that the old service pension paid for the year exceeded the amount due because the reduction in the old service pension required under regulation 2.H.3 was not made, the employed pensioner must repay the excess to Secretary of State.
(6) Paragraph (5) does not affect the Secretary of State’s right to recover a payment or overpayment in any case where the Secretary of State considers it appropriate to do so.
The National Health Service Pension Scheme Regulations 2008