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In exercise of the powers conferred by section 6 of the Clergy Pensions (Amendment) Measure 1972[1] the General Synod hereby approve the following regulations:- Citation, commencement and extent 1. - (1) These regulations may be cited as the Church of England Pensions Regulations 1997 and shall come into operation on the appointed day. (2) These regulations extend to the whole of the provinces of Canterbury and York, except the Channel Islands. Interpretation 2. - (1) In these regulations-
"the Board" means the Church of England Pensions Board; "pensionable service" has the same meaning as the Church of England Pensions Regulations 1988[3]; "responsible body" has the same meaning as in section 4 of the Pensions Measure 1997.
(2) The Interpretation Act 1978[4] shall apply for the interpretation of these regulations as it applies for the interpretation of Measures passed by the General Synod. Constitution of Board 3. The Church of England Pensions Board (hereinafter referred to as "the Board") shall consist of a chairman appointed, with the approval of the General Synod, by the Archbishops of Canterbury and York acting jointly and nineteen other members chosen in accordance with the following provisions of these regulations. Nomination by pension scheme members 4. Eight persons, being pensionable service or in receipt of a pension, shall be chosen as follows-
(b) four persons not in Episcopal Orders, being members of either of those Schemes, shall be elected by the House of Clergy of the General Synod; (c) two persons shall be elected by the members of the Church Workers Pension Fund from among their number; (d) one person shall be elected by the members of the Church Administrators Pension Fund from among their number.
Other nominations
(b) at the end of their fourth year of office, the member elected under regulation 4(a), the two members elected under regulation 4(c), two of those elected under regulation 5(1) (chosen by lot) and the member appointed under regulation 5(5) shall retire.
(4) The choice of the members whose term of office is to be terminated by lot under paragraph (3) above shall be made at the first meeting of the Board after the coming into operation of these regulations. Determination of amount of contributions 9. - (1) Before making any determination as to the contributions to be made to the Board by responsible bodies under section 4(1) of the Pensions Measure 1997 the Board shall consult with the Archbishops of Canterbury and York and the responsible bodies. (2) If any payment required by section 4 of that Measure is not made by a responsible body when it is due, the Board may, in determining the amount of any subsequent payment, add interest on the amount of the arrears at such rate as the Board considers appropriate. Payment of contributions 10. The payments to be made to the Board by the responsible bodies under section 4(1) of the Pensions Measure 1997 shall be made at the end of each calendar month. 11. The Church of England Pensions Regulations 1988 shall have effect subject to the amendments specified in the Schedule to these Regulations. 1. In regulation 2(1) of the Church of England Pensions Regulations 1988 ("the 1988 Regulations") in the definition of "state pensionable age" for the words from "means" to the end of the definition there shall be substituted the words "pensionable age determined in accordance with the rules contained in Part I of Schedule 4 to the Pensions Act 1995". 2. In regulation 4(1)(c) of the 1988 Regulations for the word "five" there shall be substituted the word "ten". 3. In regulation 6 of the 1988 Regulations-
(b) 5 percent,
whichever is the lower. The interval between increases shall not exceed twelve months and, if less than twelve months, the increase shall not exceed the percentage which bears the same proportion to 5 per cent as the reference period bears to a year.";
4.
In regulation 16 of the 1988 Regulations-
5.
In regulation 19 of the 1988 Regulations-
(b) in paragraph (5) for the words from "section 37A" to the end there shall be substituted the words "sections 109 and 110 of the Pension Schemes Act 1993 and to the extent of any orders made under section 109".
6.
In regulation 20 of the 1988 Regulations in paragraph (5) for the words from "section 35(6)" to the end there shall be substituted the words "section 15 of the Pension Schemes Act 1993".
(ii) for the words "paragraph 13 of that Schedule" there shall be substituted the words "section 95 of that Act";
(b) in paragraph (2) for the words "section 44A of the Social Security Pensions Act 1975" there shall be substituted the words "section 55(3) of the Pensions Schemes Act 1993";
8.
In regulation 27 of the 1988 Regulations-
(ii) for the words "paragraphs 2 and 6 of Schedule 1A to the Social Security Pensions Act 1975" there shall be substituted the words "Chapter II of Part IV of that Act";
(b) paragraph (2) shall be omitted.
9.
In Schedule 1 to the 1988 Regulations-
In this paragraph-
2.
The rate of pension of a scheme member who at any time has held any of the offices mentioned in the first column of the following table shall be based on the multiple of the full basic pension mentioned in the second column opposite that office and, if more than one such office has been held, the higher such multiple shall apply for the purposes of this paragraph.
In this paragraph "full basic pension" has the same meaning as in paragraph 1 above.";
(This note is not part of the Regulations) These Regulations relate in part to the past service pension scheme and in part to the funded scheme in respect of future service which is provided for by the Pensions Measure 1997. The Regulations also provide for the Constitution of the Pensions Board and for the term of office of its members. Notes: [1] 1972 No. 5.back
ISBN 0 11 064793 9
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