The Teachers' Superannuation (Scotland) Regulations 1993

means an independent school which–

means the rights which have accrued in respect of a teacher under these Regulations at the material date, or which would have accrued in respect of him if the period of service necessary to satisfy the requirements of regulation E4 (qualification for retiring allowances) had been the period which he had completed at that date;

means an approved scheme which falls within section 591(2)(h) of the Taxes Act.

means the date on which the person in respect of whom the transfer value is paid became employed in pensionable employment or, if the transfer value is received more than 12 months after that date, the date on which it is received;

means the capitalised value at the material date as determined by the Secretary of State, having regard to investment conditions and the contingencies on which benefits are, or are to be, payable under these Regulations;

means an occupational pension scheme which–

means the period specified under regulation C3(12)(c).

means the employment in respect of which the insurance policies were fully maintained as is mentioned in regulation 6A of the 1977 Regulations.

means–

means an election made after 30th October 1983 which was not the teacher’s first election, and “previous election ” means the last election before the one being made.

means invested in one or more designated securities at the mean price.

means the date on which the teacher ceased to be employed in pensionable employment or entered excluded employment or, if it is later, the date of his application for payment of a transfer value which he has not subsequently withdrawn;

means a man who– (a) has been employed in pensionable employment at any time after 31st March 1972;

means the modifications made to these Regulations and to previous provisions whereby the superannuation benefits provided thereunder are modified in relation to insured persons for the purposes of the Act;

means either–

means a man other than a member, who (a) has been employed in pensionable employment at any time after 31st March 1972;

has the meaning assigned to it by section 56(1) of the Act;

means employment other than non-participating employment;

means the last election before the one being made.

has the meaning assigned to it by section 135 of the Education (Scotland) Act 1980 and includes a person who, by reason of holding any office or having any interest in a company by which the school is conducted, is substantially in the position of a proprietor.

means any occupational pension scheme–

means registered in the register of independent schools in accordance with Part V of the Education (Scotland) Act 1980;

has the meaning given in section 35(9) of the Pensions Act.

means a teacher who has ceased to be in pensionable employment and has attained state pensionable age.

refers to status at the time of its delivery.

means a state scheme premium or transfer premium under Part III of the Pensions Act.

means the National Insurance Act 1965;

means the Teachers' Family Benefits Fund established by regulation 37 of the 1965 family benefit Regulations and continued by regulation 13 of the 1971 family benefit Regulations;

means the period specified under regulation C3(12)(a), and the “contribution period ” means the period specified under regulation C3(12)(c).

means the election made under regulation C3, “the past period ” means the period specified under regulation C3(12)(a), and the “contribution period ” means the period specified under regulation C3(12)(c).

has the meaning given by section 29 of the Trade Union and Labour Relations Act 1974.

means a period which a teacher is entitled to count as reckonable service by virtue of regulation D5 or D6 and references to a teacher’s being notified are to his being notified that he is so entitled.