Does the Epic Loremaster learn new spells if he attains a new level?

Question

According to the SRD, about the Epic Loremaster:

The epic loremaster’s caster level increases by 1 for each new loremaster level she attains. If she has more than one spellcasting class, she must decide which class receives the increase in caster level. The epic loremaster’s number of spells per day (and number of spells known, if applicable) does not automatically increase after 10th level.

Source: http://www.d20srd.org/srd/epic/prestigeClassProgressions.htm#epicLoremaster

This automatically means that a Epic Loremaster doesn't get new daily spells when increasing their Loremaster level, regarding of his basic spellcaster class, or that he'll only increase his daily spell slots if his basic spellcaster class is below the 20th class level?

For example, a Wizard 5/Rogue 5/Loremaster 10 cast spells as a Wizard 15; so, if when reaching 21th level he gets a new Loremaster level (becoming a Loremaster 11, so this will be an epic Loremaster level). According to the SRD, his caster level will increase, but do his daily spell slots increase too, since he still doesn't have the daily spells of a Wizard 20?

P.s.: I'm not interested if it's a good idea to get epic Loremaster levels, I just want to know how the rules work.

Answer 1

The relevant class feature in the Loremaster prestige class is

Spells per Day/Spells Known

When a new loremaster level is gained, the character gains new spells per day (and spells known, if applicable) as if she had also gained a level in a spellcasting class she belonged to before she added the prestige class. She does not, however, gain any other benefit a character of that class would have gained. This essentially means that she adds the level of loremaster to the level of some other spellcasting class the character has, then determines spells per day, spells known, and caster level accordingly.

By gaining a level of Loremaster you get (among other things)

• To increase your caster level to your Loremaster level plus original spell caster level.
• To cast more spells as if you are that level of caster.

The Epic rules for Loremaster clearly deactivates the second benefit once you progress beyond 10th level Loremaster. So in your example, that character can only cast a number of spells equal to that of a 15th level Wizard no matter how many additional Loremaster levels he will gain.