Church of England Pensions Measure 2018

Incumbents (Vacation of Benefices) Measure 1977

5 (1) Schedule 2 (compensation) is amended as follows.

(2) In paragraph 2 (payment of basic award), in sub-paragraph (1)(a)(i), for the words from “within the meaning” to “rules)”” substitute “to which the funded scheme applies”.

(3) In sub-paragraph (2) of that paragraph—

(a) in paragraph (b), for “the pensions regulations or the Funded Scheme rules” substitute “the past service scheme or the funded scheme”, and

(b) in paragraph (c), for “within the meaning of the Funded Scheme rules” substitute “to which the funded scheme applies”.

(4) In paragraph 7 (liability of diocesan board of finance), for “section 4 of the Pensions Measure 1997” substitute “Part 2 of the Church of England Pensions Measure 2018”.

(5) In paragraph 8(1) (interpretation)—

(a) at the appropriate place insert each of the following—

• ““funded scheme” has the same meaning as in the Church of England Pensions Measure 2018;”;

• ““past service scheme” has the same meaning as in the Church of England Pensions Measure 2018;”,

(b) omit the definition of “the Funded Scheme Rules”,

(c) omit the definition of “pensions regulations”,

(d) in the definition of “retiring age”, for “the Funded Scheme rules” substitute “the Church of England Pensions Measure 2018”, and

(e) in the definition of “stipendiary ecclesiastical service”, for “the pensions regulations” substitute “the Church of England Pensions Measure 2018”.