The Teachers’ Superannuation (Additional Voluntary Contributions) (Amendment) Regulations (Northern Ireland) 2015

Amendments to regulation 13A (Pension sharing on divorce or annulment)

This section has no associated Explanatory Memorandum

13.  In regulation 13A—

(a)in paragraph (2), for “regulation 10(4)” substitute “regulation 10”;

(b)for paragraphs (3) and (4) substitute—

(3) The benefits that may be provided to the pension credit member are—

(i)one or more pension policies purchased as described in regulation 12(7) as modified in relation to this regulation for the purpose of providing a retirement pension or one or more dependant’s pensions;

(ii)one or more pension commencement lump sums;

(iii)one or more uncrystallised fund pension lump sums.

(4) The benefits mentioned in paragraph (3) shall commence no earlier than the date the pension credit member attains normal minimum pension age as defined in regulation 3 of the 2014 Regulations and in the case of benefits under sub-paragraph (3)(i) are payable for life.;

(c)in paragraph (5) for “a child” in both places where the words occur substitute “an eligible child”;

(d)in paragraph (5), after “the 1998 Regulations” insert “or the 2014 Regulations”;

(e)omit sub-paragraph (7)(b).