![]() |
|
|
|
|
|
Navigation
News
|
|
Statutory Instrument 2006 No. 2216The Teachers (Compensation for Redundancy and Premature Retirement) (Amendment) Regulations 2006(The document as of February, 2008) STATUTORY INSTRUMENTS2006 No. 2216EDUCATION, ENGLAND AND WALESThe Teachers (Compensation for Redundancy and Premature Retirement) (Amendment) Regulations 2006
The Secretary of State for Education and Skills makes these Regulations in exercise of powers conferred by section 24 of, and paragraph 13 of Schedule 3 to, the Superannuation Act 1972[1]. In accordance with section 24(1) of that Act these Regulations are made with the consent of the Treasury[2]. Citation and commencement 1.These Regulations may be cited as the Teachers (Compensation for Redundancy and Premature Retirement) (Amendment) Regulations 2006 and come into force on 1st October 2006. Amendment of Teachers (Compensation for Redundancy and Premature Retirement) Regulations 1997. 2.The Teachers (Compensation for Redundancy and Premature Retirement) Regulations 1997[3] are amended as follows. 3.In regulation 4(2) omit "and who is not entitled to payment of retirement benefits under regulation E4(2) to (5A) of the Pensions Regulations". 4.For regulation 6 substitute the following—
A is a sum equivalent to 104 weeks' pay, and B is the aggregate of—
(b) any compensation which is paid to him under Part II of these Regulations (discretionary compensation for redundancy)."
(This note is not part of the Regulations) These Regulations amend regulation 4 of, and substitute regulation 6 of, the Teachers (Compensation for Redundancy and Premature Retirement Regulations) 1997. The amendment to regulation 4 removes the requirement that regulation 6, which provides for discretionary compensation on the termination of employment, only applies to persons who are not entitled to retirement benefits under the Teachers' Pensions Regulations 1997. Under the substituted regulation 6 the maximum compensation which can be paid is 104 weeks' pay, less any redundancy payments to which the person is entitled and any compensation for redundancy paid under Part II of the regulations. Notes: [1] 1972 c.11to which there are amendments not relevant to these regulations. The Secretary of State's functions under section 24 of the Superannuation Act 1972 were transferred, in or as regards Scotland, to the Scottish Ministers by virtue of section 63 of the Scotland Act 1998 (c.46) read with article 2 of, and Schedule 1 to, the Scotland Act 1998 (Transfer of Functions to the Scottish Ministers etc.) Order 1999 (S.I.1999/1750).back [2] See S.I.1981/1670.back [3] S.I.. 1997/311, amended by S.I.1998/2256, 1999/608 and 2000/664; there are other amending instruments but none is relevant.back [4] 2002 c. 32.back [5] 1996 c. 18back ISBN 0 11 075013 6 -- Back --
Stat
|
Other
|