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The Pensions (Northern Ireland) Order 1995

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This is the original version (as it was originally made).

Money purchase and personal pension schemes: verification of ages.

136.  After section 41A of the Pension Schemes Act (inserted by Article 135) insert—

Money purchase and personal pension schemes: verification of ages

41B.(1) Regulations may make provision for the manner in which an earner’s age is to be verified in determining the appropriate age-related percentages for the purposes of section 38A and 41(1).

(2) Information held by the Department as to the age of any individual may, whether or not it was obtained in pursuance of regulations under subsection (1), be disclosed by the Department—

(a)to the trustees or managers of a money purchase contracted-out scheme or an appropriate personal pension scheme, and

(b)to such other persons as may be prescribed,

in connection with the making of payments under section 38A(3) or the payment of minimum contributions..

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