
1 
These Regulations may be cited as the Public Service Pensions (Employer Cost Cap and Specified Restricted Scheme) Regulations 2022 and come into force on 3rd August 2022.
2 
In these Regulations, the “New Judicial Pension Scheme 2015” means the career average revalued earnings scheme established as a defined benefits scheme for the payment of pensions and other benefits to or in respect of the judiciary by the Judicial Pensions Regulations 2015.
3 

(1) The Public Service Pensions (Employer Cost Cap) Regulations 2014 are amended as follows.
(2) In regulation 3 (specified margins)—
(a) in paragraph (a), for “2” substitute “3”, and
(b) in paragraph (b), for “2” substitute “3”.
4 
For the purposes of section 12A of the Public Service Pensions Act 2013 (restricted schemes), the New Judicial Pension Scheme 2015 is a specified restricted scheme.
Rebecca Harris
Michael Tomlinson
Two of the Lords Commissioners of Her Majesty’s Treasury
12th July 2022