SCHEDULES

SCHEDULE 2Amendments to the old scheme

PART 1Amendment to the 1995 regulations

New regulation 97D

7.  After regulation 97C (Interest and administration charges: late paid contributions)(1), add—

Benefit information statements

97D.(1) The Department must provide a benefit information statement to each member in accordance with—

(a)section 14 (Information about benefits) of the 2014 Act; and

(b)any Department of Finance and Personnel directions given from time to time pursuant to that section.

(2) Paragraph (1) does not provide a right for a member to request a benefit information statement.

(3) The Department is only required to provide a member with one benefit statement per scheme year.

(4) A benefit information statement provided pursuant to paragraph (1) is to be treated as though it is the information mentioned in regulation 16(2)(a) of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations (Northern Ireland) 2014(2) for the purposes of determining whether or not information must be given under regulation 16(1) of those Regulations..

(1)

Regulation 97C was inserted by S.R. 2015 No.121, regulation 14