SCHEDULES

SCHEDULE 6Parliamentary and other pensions

Part 1Parliamentary and other pensions

The Parliamentary Contributory Pension Fund etc

Administration scheme

I18

1

The IPSA may make a scheme containing provision about—

a

the administration of the Fund,

b

the management of the Fund's assets,

c

the indemnification of the trustees (and former trustees) of the Fund,

d

the proceedings of the trustees of the Fund, and

e

the application of the Fund's assets in connection with the matters in paragraphs (a) to (d).

2

A scheme under this paragraph may in particular—

a

include any or all of the provisions specified in paragraphs 31 to 33,

b

make different provision in relation to different cases, circumstances or persons,

c

make such incidental, consequential and transitional provision (other than provision modifying an enactment or subordinate legislation) as the IPSA considers appropriate.

3

In sub-paragraph (2)(c) the reference to subordinate legislation does not include a scheme under this paragraph.

4

No provision of a scheme under this paragraph is to be construed as restricting the powers of the trustees under paragraph 7(1).