Statutory Instruments
BRITISH TRANSPORT COMMISSION
Made
27th October 1954
Laid before Parliament
3rd November 1954
Coming into Operation
4th November 1954
The Minster of Transport and Civil Aviation in exercise of his powers under section 98 of the Transport Act, 1947, hereby makes the following Regulations:—
1.—(1) These Regulations shall come into operation on the fourth day of November, 1954, and may be cited as the British Transport Commission (Amendment of Pension Schemes) Regulations, 1954.
(2) In these Regulations, unless the context otherwise requires, the following expressions have the meanings hereby respectively assigned to them, that is to say—
“the Act” means
“accrued pension rights”
“the Authority” means
“the Commission” means
“the Corporation” means
“the date of change” in relation to an officer or servant to whom these Regulations apply means
“foreign country”
“officer or servant” means
employed as a member of the Commission or of an Executive or as an officer or servant by the Commission (whether or not the employment is by virtue of the Act to be treated as employment by an Executive), or
employed as an officer or servant by the Authority who became so employed immediately upon ceasing to be employed as specified in paragraph (a);
“pensionable event” in relation to an officer or servant to whom these Regulations apply means
retirement from the employment upon which he enters after the date of change, on or after attaining the age at which persons in that employment are normally required to retire; or
the happening of any contingency other than reaching the relevant age which would have carried entitlement to pension under the rules of his railway pension scheme or society pension scheme;
“railway pension scheme” means
“the relevant age” in relation to an officer or servant means
“society pension scheme” means
(3) In these Regulations, the expression “accrued pension rights” in relation to an officer or servant means
(4) Any reference in these Regulations to any enactment shall be construed as a reference to that enactment as amended, extended or applied by or under any other enactment.
(5) The Interpretation Act, 1889, shall apply to the interpretation of these Regulations as it applies to the interpretation of an Act of Parliament.
2. These Regulations shall apply to—
(a)every officer or servant being a participant in a railway pension scheme or in a society pension scheme or in both a railway pension scheme and a society pension scheme—
(i)who, upon ceasing to be employed as an officer or servant by Commission (whether or not the employment is by virtue of the Act to be treated as employment by an Executive), becomes with the consent of the Commission employed as an officer or servant by the Corporation or by a person carrying on a railway undertaking in country outside of the United Kingdom, not being a foreign country or
(ii)who, upon ceasing to be employed as an officer or servant by Authority, becomes with the consent of the Authority and of Commission employed as an officer or servant by the Corporation of by a person carrying on a railway undertaking in a country out of the United Kingdom, not being a foreign country;
(b)any railway pension scheme or society pension scheme in which any officer or servant to whom these Regulations apply was a participant at the date of change.
3. Where any officer or servant to whom these Regulations apply is entitled under any pension scheme to which these Regulations apply, on ceasing to be an officer or servant, to receive any payment by way of a return of contributions paid by or in respect of him, with or without interest thereon, he may, at any time within three months of the date of change, exercise his right to receive such a payment; and where such a right is exercised by any officer or servant the subsequent provisions of these Regulations shall not apply to him, and the persons managing any such scheme, the persons in whom any fund held for the purposes thereof is vested and the Commission shall be discharged from all other liability under the scheme to or in respect of that officer or servant or to any other person by reason of that right having been exercised.
4.—(1) Subject to the provisions of these Regulations, the subsequent provisions of this Regulation shall be terms of any pension scheme to which these Regulations apply and notwithstanding anything to the contrary therein contained, every such scheme and any statutory provisions relating thereto and all trust deeds, rules and other instruments made for the purposes thereof shall be construed accordingly.
(2) Subject to the provisions of this Regulation, the persons administering the scheme or, as the case may be the persons in whom any funds held for the purposes of the scheme are vested shall pay to or in respect of any officer or servant to whom these Regulations apply, being a participant in the scheme, as from the date of the pensionable event the payment or payments comprised in his accrued pension rights.
(3) In the case of any officer or servant to whom these Regulations apply who before the happening of the pensionable event leaves the employment upon which he enters after the date of change, paragraph (2) of this Regulation shall have effect as if the reference therein—
(a)to payment as from the date of the pensionable event were a reference to payment within three months of the date upon which he leaves that employment;
(b)to the payment or payments comprised in his accrued pension rights were a reference to such payment or payments comprised in his accrued pension rights as would have been payable under the scheme had he voluntarily ceased to be a participant therein at the date of change.
(4) In the case of any officer or servant to whom these Regulations apply who after the date of change becomes employed by a person carrying on a railway undertaking in a country outside of the United Kingdom, not being a foreign country, the payment or payments comprised in his accrued pension rights falling to be made under paragraph (2) of this Regulation shall, so far as they are attributable to his having been a participant in a railway pension scheme, be reduced, according to his age at the date of the pensionable event, by the percentage shown in the appropriate column of the table set out in the schedule to these Regulations:
(5) Subject to the foregoing provisions of this Regulation, the rules of any pension scheme to which these Regulations apply shall apply in relation to the accrued pension rights of any officer or servant to whom these Regulations apply, being a participant in the scheme, as they apply in relation to the pension rights of other participants in the scheme at the date of change.
Given under the Official Seal of the Minister of Transport and Civil Aviation this twenty-seventh day of October, 1954.
L.S.
John Boyd-Carpenter
The Minister of Transport and Civil Aviation
Table showing the percentage by which pension payments are to be reduced according to age at the pensionable event, in cases to which Regulation 4 (4) applies.
| Percentage Reduction | ||
|---|---|---|
| Age at last birthday preceding the pensionable event | Males | Females |
| 59 | 5 | — |
| 58 | 10 | — |
| 57 | 15 | — |
| 56 | 20 | — |
| 55 | 25 | — |
| 54 | 30 | 5 |
| 53 | 35 | 10 |
| 52 | 40 | 15 |
| 51 | 45 | 20 |
| 50 | 49 | 25 |
| 49 | 52 | 29 |
| 48 | 55 | 33 |
| 47 | 57 | 36 |
| 46 | 59 | 39 |
| 45 | 61 | 42 |
These Regulations provide for the preservation of the accrued pension rights of certain members of railway salaried staff pension schemes, employed by the British Transport Commission or formerly employed by the Commission and now employed by the Ulster Transport Authority, who transfer to the employment of the British European Airways Corporation or to railway employment in a country (other than a foreign country) outside the United Kingdom.
The pension rights accrued up to the date of transfer will normally be payable when the employee retires from the employment to which he transfers or when an event occurs which would have given rise to benefit under the rules of his pension scheme. If an employee who transfers to railway employment retires (otherwise than on the ground of ill health) at an earlier age than that at which he could have retired on pension if he had not transferred, the retirement benefits will be reduced by the percentage show in the Schedule.