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

Amendments to regulation 7 (Contributor)

This section has no associated Explanatory Memorandum

9.  In regulation 7—

(a)for paragraph (2) substitute—

(2) Before 6th April 2015, a person ceases to be a contributor if that person—

(a)has become entitled to retirement benefits under regulation E4 to the 1998 Regulations;

(b)has, under regulation 6(1)(d) or 6(3)(c), cancelled the election to pay regular contributions; or

(c)subject to paragraph (3), has ceased to be in pensionable service and is not paying contributions under regulation C7 of the 1998 Regulations or regulation 26 of the 2014 Regulations.

(2A) On and from 6th April 2015 onwards, a person (P) ceases to be a contributor if P—

(a)has realised all of the funds invested on P’s behalf under regulations 9(1) and 10(2) and has not made a subsequent election under regulation 4 in respect of further pensionable service;

(b)has, under regulation 6(1)(d) or 6(3)(c), cancelled the election to pay regular contributions; or

(c)subject to paragraph (3), has ceased to be in pensionable service and is not paying contributions under regulation C7 of the 1998 Regulations or regulation 26 of the 2014 Regulations.;

(b)in paragraph (3), for “reckonable service” in each place where those words occur substitute “pensionable service”.