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The Pension Schemes Act 2021 (Commencement No. 7 and Transitional Provisions) Order (Northern Ireland) 2024

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Transitional provisions

3.  Article 201 of the Pensions (Northern Ireland) Order 2005(1) (the statutory funding objective), in so far as it relates to a particular pension scheme, is to continue to have effect without the amendment made by paragraph 3 of Schedule 11 to the Pension Schemes Act 2021, until such time as that scheme is required to have, in accordance with regulations made under Article 200A of that Order, a funding and investment strategy(2).

(2)

See Article 200A of the Pensions (Northern Ireland) Order 2005, as inserted by paragraph 2 of Schedule 11 to the Pension Schemes Act 2021, for the meaning of “funding and investment strategy”

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