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The Teachers' Superannuation (Sharing of Pensions on Divorce or Annulment) Regulations (Northern Ireland) 2001

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Regulation 2(2)

SCHEDULE 2Amendments to Schedule 1 of the 1998 Regulations

“The 1999 Order”The Welfare Reform and Pensions (Northern Ireland) Order 1999(1).
“Appropriate rights”

Rights conferred on a person entitled to a pension credit—

(a)

with effect from, and including, the day on which the pension sharing order, under which the pension credit arises, takes effect, and

(b)

which have a value, calculated in accordance with regulations made under paragraph 5(b) of Schedule 5 to the 1999 Order(2), that equals the amount of the pension credit.

“Pension credit”A credit under Article 26(1)(b) of the 1999 Order or section 29(1)(b) of the Welfare Reform and Pensions Act 1999.
“Pension credit benefits”The benefits payable under the Teachers' Superannuation Scheme which are attributable (directly or indirectly) to a pension credit.
“Pension credit rights”Rights to future benefits under the Teachers' Superannuation Scheme which are attributable (directly or indirectly) to a pension credit.
“Pension credit member”A person who has rights under the Teachers' Superannuation Scheme which are attributable (directly or indirectly) to a pension credit either solely or wholly separately from any other rights under Teachers' Superannuation Scheme.
“Pension debit”A debit under Article 26(1)(a) of the 1999 Order or section 29(1)(a) of the Welfare Reform and Pensions Act 1999.
“Pension debit member”A person whose shareable rights under the Teachers' Superannuation Scheme are subject to a pension debit.
“Pension sharing order”A pension sharing order or other provision referred to in Article 25(1) of the 1999 Order or section 28(1) of the Welfare Reform and Pensions Act 1999.
“Shareable rights”Any rights a person has under the Teachers' Superannuation Scheme except those rights referred to in regulation 2 of the Pension Sharing (Valuation) Regulations (Northern Ireland) 2000(3).
“the Teachers' Superannuation Scheme”The occupational pension scheme (within the meaning of section 1 of the Pensions Act) established under Article 11 of the Superannuation (Northern Ireland) Order 1972 and these Regulations.
(1)

S.R. 2000 No. 144. See Welfare Reform and Pensions (Northern Ireland) Order 1999

(2)

See regulation 10 of the Pension Sharing (Implementation and Discharge of Liability Regulations (Northern Ireland) 2000 (S.R. 2000 No. 145)

(3)

S.R. 2000 No. 144. See Welfare Reform and Pensions (Northern Ireland) Order 1999, Article 24(2)

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