64B.—(1) Where the funding strategy mentioned in regulation 58 (funding strategy statements) sets out the administering authority’s policy on spreading exit payments, that administering authority may obtain a revision of the rates and adjustments certificate under regulation 62 (actuarial valuations of pension funds) to show the proportion of the exit payment to be paid by the exiting Scheme employer in each year after the exit date over such period as the administering authority considers reasonable.
(2) In revising the certificate, an administering authority must—
(a)consult the exiting Scheme employer; and
(b)have regard to the views of an actuary appointed by the administering authority.]
Textual Amendments
F1Regs. 64A, 64B inserted (23.9.2020) by The Local Government Pension Scheme (Amendment) (No. 2) Regulations 2020 (S.I. 2020/893), regs. 1(2), 4