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The London Authorities (Superannuation) Order 1965

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Apportionment of superannuation fund

13.—(1) Where in consequence of the Act ten or more transferred employees to whom this article applies cease to be entitled to participate in the benefits of any one of the superannuation funds maintained by the following authorities namely:

(a)the county council of Kent,

(b)the county council of Essex,

(c)the county council of Surrey,

(d)the Middlesex Local Authorities Superannuation Joint Committee,

(e)the South East Essex Superannuation Joint Committee, or

(f)the urban district council of Chislehurst and Sidcup,

and on 1st April 1965 become entitled to participate in the benefits of any other single superannuation fund, an apportioned part of such first mentioned fund in respect of those transferred employees shall be transferred to the authority maintaining that other fund and shall be carried by them to that fund, except that any apportioned part of the fund maintained by the Middlesex Local Authorities Superannuation Joint Committee or the urban district council of Chislehurst and Sidcup due to the council of the London borough of Richmond upon Thames or the Bexley and Swanscombe (Superannuation) Joint Committee shall be retained by those authorities in their respective superannuation funds.

(2) The superannuation funds maintained by the Middlesex Local Authorities Superannuation Joint Committee and by the South East Essex Superannuation Joint Committee shall be apportioned in the like manner in respect of the liabilities transferred by articles 9(2) and 11(2).

(3) The provisions contained in schedule 4 shall have effect for the purposes of the apportionment required by paragraphs (1) and (2) of this article.

(4) Where at any time after 1st April 1965 and before the date of transfer as defined in paragraph 3 of schedule 4 there is paid to any authority receiving an apportioned share of a superannuation fund under paragraph (1) of this article any sum by way of transfer value or repayment of contributions in respect of any period of service prior to 1st April 1965 of a transferred employee in respect of whom the apportionment has been made, the sum shall be paid to the authority making the apportionment and shall be deemed to have formed part of the apportioned superannuation fund immediately before 1st April 1965.

(5) This article applies to transferred employees except those whose remuneration has been temporarily increased or decreased in consequence of article 4 of the Interim Action Order.

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