SCHEDULES
C1SCHEDULE 5PENSION CREDITS: MODE OF DISCHARGE
Annotations:
Modifications etc. (not altering text)
General
14
In this Schedule—
“funded”, in relation to an occupational pension scheme, means that the scheme meets its liabilities out of a fund accumulated for the purpose during the life of the scheme;
“public service pension scheme” has the same meaning as in the Pension Schemes Act.
Sch. 5 modified (1.8.2006) by Pension Protection Fund (Pension Sharing) Regulations (Northern Ireland) 2006 (S.R. 2006/282), reg. 2(2)(d)